24-26 West Merrick Road

24-26 West Merrick Road, Freeport, NY 11520

  • For Sale $1,100,000
  • Property Type Retail - Street Retail
  • Property Size 4,000 SF
  • Units 2
  • Lot Size 0.12 Acre
  • Parking Spaces Avail. 80
  • Parking Ratio 10.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1937
  • Date Updated Dec 5, 2024
Located in the heart of Freeport, NY, 11520, this area is a bustling hub of commercial activity on Long Island. With a vibrant mix of residential and retail spaces, the location offers a prime investment opportunity for prospective office building investors. The property is just minutes away from Freeport's scenic Nautical Mile, a popular waterfront area lined with seafood restaurants and entertainment venues. Additionally, renowned neighboring communities such as Merrick and Baldwin offer a range of dining, shopping, and recreational amenities. This prime location provides easy access to major transportation arteries including the Southern State Parkway, making it an ideal choice for businesses seeking a strategic foothold in the thriving Long Island market. Both Lease are under market currently and expire Dec 2025. Potential for a higher rent $30 per sq.ft ($5000 per month per store $120,000 potential annual rental income) potential cap rate 8.17%Located in the heart of Freeport, NY, 11520, this area is a bustling hub of commercial activity on Long Island. With a vibrant mix of residential and retail spaces, the location offers a prime investment opportunity for prospective office building investors. Both Lease are under market currently and expire Dec 2025. Potential for a higher rent $30 per sq.ft ($5000 per month per store $120,000 potential annual rental income) potential cap rate 8.17%. The property is just minutes away from Freeport's scenic Nautical Mile, a popular waterfront area lined with seafood restaurants and entertainment venues. Additionally, renowned neighboring communities such as Merrick and Baldwin offer a range of dining, shopping, and recreational amenities. This prime location provides easy access to major transportation arteries including the Southern State Parkway, making it an ideal choice for businesses seeking a strategic foothold in the thriving Long Island market. Both Lease are under market currently and expire Dec 2025. Potential for a higher rent $30 per sq.ft ($5000 per month per store $120,000 potential annual rental income) potential cap rate 8.17%
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Attachments

Highlights

  • - 4,000 SF commercial building
  • - Two fully leased retail units
  • - 1937 construction
  • - Zoned for commercial use
  • - Prime Long Island location
  • - 100% occupancy rate

Contacts

broker
Devang Patel

Douglas Elliman Real Estate

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    54/100 Good Transit

  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Freeport, NY
  • Neighborhood North Freeport
  • Zip Code 11520
  • Market Long Island

Points of Interest

  • Freeport

    0.22 miles

  • All Island Taxi

    0.22 miles

  • Freeport Platform Entrance

    0.22 miles

  • Freeport Station Entrance

    0.23 miles

  • Baldwin Platform Entrance

    1.34 miles

  • Baldwin

    1.36 miles

  • Baldwin Station Entrance

    1.39 miles

  • Merrick Platform Entrance

    1.63 miles

  • Merrick Station Entrance

    1.69 miles

  • Merrick

    1.74 miles

  • Shell

    0.26 miles

  • Speedway

    0.31 miles

  • Sunoco

    0.42 miles

  • GiveNGo

    0.66 miles

  • Dino

    1.22 miles

  • Citgo

    1.28 miles

  • Valero

    1.45 miles

  • Conoco

    1.52 miles

  • 7-Eleven

    1.58 miles

  • BP

    1.68 miles

  • Merrick LIRR Parking

    1.72 miles

  • Lot #12

    2.76 miles

  • Faculty Parking

    3.24 miles

  • North Parking

    3.26 miles

  • South Parking

    3.28 miles

  • West Parking

    3.32 miles

  • Lot 14

    3.33 miles

  • Lot U2

    3.37 miles

  • Rockville Centre Municipal Field 27

    3.46 miles

  • Lot O-13

    3.47 miles

  • Burger King

    0.09 miles

  • Rincon Latino Restaurant

    0.12 miles

  • Domino's

    0.15 miles

  • Happy Family Garden

    0.16 miles

  • El Tejadito

    0.16 miles

  • El Sabor Dominicano

    0.17 miles

  • Dunkin' Donuts

    0.17 miles

  • La Costa Del Sol Restaurant

    0.22 miles

  • Natural Wood Flame

    0.22 miles

  • Churrasqueria Genesis

    0.22 miles

  • Gala Foods

    0.20 miles

  • Target

    0.50 miles

  • Marshalls

    0.55 miles

  • Guy Lombardo Plaza

    0.63 miles

  • Lidl

    1.13 miles

  • Trader Joe's

    1.18 miles

  • Ideal Food Basket

    1.54 miles

  • Gala Fresh Farms

    1.65 miles

  • Baldwin Shopping Center

    1.66 miles

  • Stop & Shop

    1.71 miles

Frequently Asked Questions

How much does 24-26 West Merrick Road cost?

The space currently listed for sale at 24-26 West Merrick Road asks for $1,100,000.

What is the total square footage of 24-26 West Merrick Road?

24-26 West Merrick Road totals 4,000 square feet.

When was this property built?

24-26 West Merrick Road was built in 1937.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Devang Patel

Douglas Elliman Real Estate

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