58-60 Landing Road, Glen Cove, NY 11542
sale
$899,000
|
Business
Courtesy Of EXIT REALTY ACHIEVE
Opportunity knocks with this fully leased two-unit commercial property located at the prominent corner of 58 60 Landing Road in Glen Cove. Featuring a 640 sq. ft. pizzeria and a 3,040 sq. ft. bar and grill, this property offers investors stability, visibility, and long-term growth potential.
Both tenants are responsible for their own utilities and property maintenance, minimizing landlord obligations. Ownership responsibilities are limited, making this an attractive low-maintenance asset.
Highlights include:
Fully leased with established tenants
Central air and heating in both units
Expansive 2,432 sq. ft. basement with walk-in cooler beneath the restaurant
Prime corner location with excellent visibility and convenient parking
5.6% cap rate at $1,000,000 asking price
This is a turnkey, income-producing investment in a thriving Long Island market. Perfect for those seeking a stable return and long-term value.
Both tenants are responsible for their own utilities and property maintenance, minimizing landlord obligations. Ownership responsibilities are limited, making this an attractive low-maintenance asset.
Highlights include:
Fully leased with established tenants
Central air and heating in both units
Expansive 2,432 sq. ft. basement with walk-in cooler beneath the restaurant
Prime corner location with excellent visibility and convenient parking
5.6% cap rate at $1,000,000 asking price
This is a turnkey, income-producing investment in a thriving Long Island market. Perfect for those seeking a stable return and long-term value.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: Block
- Heating System: Forced Air
- MLSID: 910935
- Parking Spaces: 2
- Rooms: Basement
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