Property Listing No Longer Available for Sale

24-28 Lowell Ave, Islip Terrace, NY

Multi-Use for Sale - $499,000 - 3,500 Sq. Ft. on 0.37 acres


Property Info

CIMLS#827414
Location
  24-28 Lowell Ave
  Islip Terrace NY 11752
UpdatedSeptember 5th, 2015
TypeMulti-Use
Price$499,000
Building3,500 Sq. Ft.
Land0.37 acres

Property Description

Another property proudly offered by Llobell Realty Corp.

Stand alone building with 10 foot ceilings, 30 parking spots, located on a 3 way intersection, located in strip mall, anchor store across the street, county facility across the street, surrounded by mom and pop stores, very busy area.

Current tenant is running a sports pub and would stay if possible, currently paying $50,000.00+ in rent.

The information contained herein has been obtained through sources deemed reliable by Glenn Llobell (Agent) with Llobell Realty Corp (Broker) but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.


Financials

Returning a 6.5 Cap Rate see attached document #1

Tenant would like to stay if possible.