Property summary
This exceptional investment opportunity presents a 9,114-square-foot vacant freestanding retail building situated on a 0.44-acre lot at 307 Post Avenue in Westbury, NY. Previously occupied by a CVS Pharmacy, this single-story, 1948-constructed building offers significant redevelopment potential. The property boasts a prime location within a bustling commercial corridor, ensuring high visibility and substantial vehicular traffic. Its Business B-1 zoning allows for a variety of uses, including retail, medical, or professional office spaces. The ample 17-space parking lot adds to the property's appeal. Located in the vibrant Village of Westbury, this property benefits from a strong mix of residential and commercial development, creating a robust customer base. The fee-simple ownership provides complete control and flexibility for the new owner. This is a rare chance to acquire a well-positioned property in a thriving area, ready for immediate repositioning or redevelopment to suit a wide range of business needs. The asking price is $3,500,000.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Crypto Atm Atm
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Bank Credit Union
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Bank Credit Union
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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