Coldwell Banker American Homes
![[Franklin Square Real Estate, listing number 7173011]](https://www.vlshomes.com/images/full/7173011a.jpg)
| Description: 7173011 | |
| Building for sale / total 12000 int sq ft 908, 910, 912, & 912B Hempstead Turnpike Franklin Square NY 11010. *4 deeds*. 4 electric meters. 4 gas meters. Providing exceptional flexibility for investors, or end-users. Low tax $39000. a year. Rare opportunity Multi -walk in 6000 int sq ft storefront Commercial Property-Located on one of Nassau County''s busiest commercial thoroughfares/ high traffic count Hempstead Turnpike. Storefront /location offers valuable signage exposure/visibility. Strong surrounding residential and commercial density. With a 50+ year long standing history as a restaurant & hospitality destination. Operated continuously 1970 -2023. Parking on street, side street, & free municipal parking off both corners diagonally & surrounding streets. If intended use is for RESTAURANT.... Existing improvements include restaurant, pizzeria, bar, party/banquet room, and rear outdoor patio. According to The Town of Hempstead the property carries an approved occupancy of 244 persons, a rare and valuable entitlement that is extremely difficult to replicate under current zoning and permitting standards. Offered vacant, the asset allows a purchaser full control over tenant mix, leasing strategy, and rent growth from day one. Subject to approval -may support a variety of uses including restaurant, hospitality, retail, medical, professional offices, or mixed tenant repositioning. | |
Details: |
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| Families: | 4 | |
| Property Type: | Commercial | |
| Acres: | 0.14 | |
| Built: | 1965 | |
Financials: |
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| Price: | $2,300,000 | |
| Taxes: | $41,378 | |
Designed, Developed, Hosted![[PHOTO]](https://www.vlshomes.com/images/full/7115581a.jpg)
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