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Business for Sale Summary

Strip Center & House in Suffolk County, NY - 24845

Business Type: bar/tavern/night clubs,beer distributor,card shop/stationery store,delicatessen/catering services,liquor store/ wine,misc. retail/non-classifiable,professional services,best deals!,business with property available,new to market,seller financing available
Owner Financing
Strip Center & House in Suffolk County, NY
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This business has received 165 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $699,000 Down Payment $300,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$300,000 Down and TBD

Business Description

Real Estate ONLY! PRIME REAL ESTATE SELLER WILL HOLD MORTGAGE! This is a 2 store strip center with 2200 SF and is free standing. PLUS legal 2 family house, all commercial property located on busy high traffic route in a highly desirable area near several schools and tons of medical centers. Present rent roll is $6500 per month and combined real estate taxes are $18k per year. Seller is motivated to sell this prime property as he is moving out of state. Tons of possible uses for this property, such as medical use, deli, bagels, restaurant, bar, beer distributor, fast food-bring your ideas. The 2 stores are operating with no leases, one is a bar and the other is a liquor store and the 2 family legal commercial house is included in price. Free standing building offers separate parking lot in back for extra parking. Seller is asking $750,000 with about $300,000 down and will hold mortgage terms to be worked out with seller. The house can be used for business. Add $75,000 to price to also buy bar as a going business. Listing 24845- Contact agent Jim Aloi from PMTG Realty group 631-375-4100 or email jaloi@vestedbb.com

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.