542 East Meadow Avenue, East Meadow, NY, 11554
$1,300,000
Retail
Commercial
Details
ML#: 802429
- Sale or Rent:Sale
- Taxes: $18,196
- Status:Active
- Foreclose:Yes
Description
Prime Mixed-Use Property for Sale: Great Location & Strong Rental PotentialLocated on the highly trafficked East Meadow Avenue, this property offers 2 spacious 12 x 22 storefronts and a 2-bedroom, 2-bath residential unit in a busy retail corridor. With ample parking—including a 3-car driveway, 1-car garage, and free parking in front—this property is ideal for businesses and tenants.Renovated in 2018, it features a modern kitchen, updated baths, and a finished basement with outside entrance (OSE), plus a large backyard. The annual rental revenue potential is approx. $91, 000+. Additionally, permits are in place for a second-floor expansion, providing opportunities for further growth.This versatile property is perfect for investors or business owners looking for income and expansion potential.
More Property Details
Stories: 1
Heat: Oil
A/C: Electric
Water: Public
Sewer: Public Sewer
Taxes: $18,196
Block: 160
Lot: 0048
Listing Information provided courtesy of
Coldwell Banker American Homes
516-302-8500