2885 Grand Avenue, Hempstead, NY, 11510
$899,000
activeLot Size
6,345 sqft
Year Built
1964
Stories
1
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
This updated and renovated retail opportunity positioned on a prominent signalized corner at Grand Avenue and Atlantic Avenue offers a 5000 vehicle per day traffic count. The building offers a streamlined footprint ideal for an investor seeking a lowmaintenance asset with strong visibility and accessibility. The property offers the ability to acquire a recognized retail model with corner exposure and flexible potential for a variety of retail uses. Its efficient size supports manageable operating costs while providing an attractive presence at a highly visible corner with AM traffic patterns and evening hours provide added opportunity to an owner/operator. Currently with tobacco and beer sales permitted. Investment Cap Rate 7%
Listed by Ben Indiviglia Jr, Douglas Elliman Comm of LI LLC
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Oct 7, 2026, 1:42 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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