This well-maintained commercial property offers a rentable building area of 3,100 sqft and generates an annual income of $76,800. With a Net Operating Income (NOI) of $52,100, and property taxes at 19,000 annually, this investment provides a solid 6.5% Cap Rate. Ideal for investors seeking consistent income with excellent returns, this property combines location, quality, and financial strength. Don't miss out on this opportunity to add a high-performing asset to your portfolio!
Opportunity to Own a Great Commercial Property in West Babylon! Located in the E Business Zone area, this multi purpose commercial property is suitable for use as an office or for a variety of purposes with a big private parking space. It has a 1140 sqft interior featuring a large front lobby, Nine rooms, Two bathrooms, and a Kitchen/ Laundry. Situated on the service road of Sunrise Highway, adjacent to a residential apartment complex. Ideal for a Law office, medical office, Real estate office, Insurance office, Mortgage office, professional office, Spa, nail salon, skincare business, liquor store, Drug store, Minimart, etc. The Prospective buyers should re-verify all information independently.
Unlock the potential of this unique and versatile property situated in a high-traffic area of West Babylon on Sunrise Highway. Spanning over 48,951 sq. ft., this commercial property offers a remarkable opportunity for investors or developers seeking to capitalize on a prime location with substantial growth potential. The main building features 6 ground-floor storefronts of varying sizes, previously occupied by diverse businesses such as a yoga studio, mattress store, law firm, and doctor's office. This variety showcases the building's flexibility for a range of retail or service-oriented uses. The rear of the building has a 16-foot high garage door with an attached office space that provides an ideal setup for automotive businesses like tinting or detailing. This addition enhances the property's functionality and appeal. The second floor includes 9 adaptable suites, ranging from single-room to four-room configurations, with the potential for expansion. Common bathrooms on this level add to the convenience for tenants or occupants. Included in the purchase is a freestanding house, commercially zoned, adding further value and flexibility to the property portfolio. The property boasts substantial parking space at the rear, accommodating both customers and tenants with ease. Benefit from a daily traffic count of 76,000 vehicles, ensuring high visibility and consistent footfall. With its expansive lot and strategically located position, this property offers significant opportunities for redevelopment or enhancement. The existing building's versatile layout, combined with the commercially zoned house, provides a solid foundation for various business ventures or residential conversions. Whether you're looking to maintain the current use, explore redevelopment options, or lease out individual spaces, this property represents an excellent investment opportunity. The combination of high traffic exposure, diverse existing spaces, and development potential makes it a valuable asset in a thriving commercial area.
Opportunity Knocks, Don't Let It Go By! Welcome to 1764 Sunrise Hwy, a one story free standing building where the dream of owning your own business could begin. This building was formally run as a Plumbing Business for over 15 years. There are many possibilities and opportunities to run your business from this great location, It is perfectly located right on the South Service Road of Sunrise Hwy. Do not miss out on your next future project, it will not last! All information deemed accurate but not guaranteed and should be independently verified by the purchaser or by the buyer/buyers agent.
This commercial property is a standalone building located at a bustling intersection on SunriseHighway in West Babylon. It features three floors, each approximately 2,000 square feet. The ground level is divided into two distinct sections: a dental lab and a retail showroom/service space, currently vacant. The second floor is cleverly partitioned into two independent areas, each with its own entrance.One area, previously used by an insurance company, includes a lobby, a half-bathroom, and three offices. The other area boasts an open office space, a kitchen, two half-bathrooms, three separate offices, and a data room. The third floor houses a cozy apartment with one bedroom and one full bathroom, along with extra space for storage and potential expansion. This property offers a blend of commercial and residential opportunities, making it suitable for various business ventures in a high-traffic area.
The median home value in West Babylon, NY is $625,000. This is higher than the county median home value of $565,700. The national median home value is $338,100. The average price of homes sold in West Babylon, NY is $625,000. Approximately 73.89% of West Babylon homes are owned, compared to 22.2% rented, while 3.91% are vacant. West Babylon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Babylon real estate agent to arrange a tour today!
West Babylon, New York has a population of 43,397. West Babylon is less family-centric than the surrounding county with 29.61% of the households containing married families with children. The county average for households married with children is 32.94%.
The median household income in West Babylon, New York is $110,751. The median household income for the surrounding county is $111,660 compared to the national median of $69,021. The median age of people living in West Babylon is 43.3 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 44.8 inches per year, with 23.2 inches of snow per year.