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197 N Main Street N

Freeport, NY 11520
  • $549,000
  • STATUS: Active
  • ON SITE: 223 Days
  • MLS #: L3548749
UPDATED: 155 min ago
$549,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:

School Ratings & Info

Description

This is a chance to buy a zero-management, 100%-occupied building with two existing tenants: a restaurant and a bakery. The restaurant signed a new 5-year lease, while the bakery agreed to a 10-year lease. The landlord is responsible for paying property taxes, insurance, and water, as well as roof and structural repairs. The structure sits on a 2,400-square-foot lot with a 900-square-foot basement and a 900-square-foot yard., Additional information: Rental Income:N,vac perc:0, Building Size:2400

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-12-12T00:17:17.937.
www.nicoleburkehomes.com/homes/150125678
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197 N Main Street N Freeport, NY 11520

  • Price: $549,000
  • Status: Active
  • On Site: 223 Days
  • Updated: 155 min ago
  • MLS #: L3548749
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1922
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
This is a chance to buy a zero-management, 100%-occupied building with two existing tenants: a restaurant and a bakery. The restaurant signed a new 5-year lease, while the bakery agreed to a 10-year lease. The landlord is responsible for paying property taxes, insurance, and water, as well as roof and structural repairs. The structure sits on a 2,400-square-foot lot with a 900-square-foot basement and a 900-square-foot yard., Additional information: Rental Income:N,vac perc:0, Building Size:2400
Exterior Features

Cross Street West Dean Street Frontage Length 30 Pool Private YN No Road Responsibility Public Maintained Road

Interior Features

Basement YN No Entry Level 1 Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0

Property Features

Additional Fees 0.00 Additional Fees YN No Additional Parcel YN No Association YN No Building Area Total 2400 Gross Income 51204 Heating Natural GasForced Air Lot Size Area 2400 Lot Size Dimensions 30x81 Net Operating Income 35504 Operating Expense 15700 Permitted Uses Food Services Property Sub Type Retail Seasonal YN No Sewer Public Sewer Spa YN No Tax Annual Amount 12486 Tax Section 55 Village Freeport Zoning Retail

Listing courtesy of Manuel Raposo of Happy Place: 646-217-1910
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-12-12T00:17:17.937.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803