5 Bethpage Rd, Hicksville, NY 11801-1526
This exceptional turnkey restaurant and bakery opportunity is located at 5 Bethpage Rd, Hicksville, NY 11801, in Nassau County. The property, built in 1918, boasts 740 square feet spread across two stories, and is currently vacant. The asking price is $180,000. This well-established business, operating successfully for three years, is ready for a new owner. The sale includes all necessary equipment to immediately begin operations, eliminating the need for significant upfront investment. Equipment includes a 15-tray empire gas oven, a rotating oven, a gas range, two candy stoves, a three-door refrigerator, a two-door freezer, a salad prep refrigerator, a worktop refrigerator, three display refrigerators, three working tables, four sets of dining tables and chairs, and a cool drinks refrigerator. The property features twelve units and has a remaining lease term of five years. This presents a unique chance to acquire a ready-to-go business in a prime location, allowing for either continued operation as a bakery or the implementation of a new concept. The property is being sold "as is." This is an ideal opportunity for an ambitious entrepreneur seeking a profitable venture with minimal start-up costs. The property's location in Hicksville, NY offers excellent visibility and access to a thriving community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.