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 | |
Updated | September 5th, 2015 |
Type | Multi-Use |
Price | $499,000 |
Building | 3,500 Sq. Ft. |
Land | 0.37 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.