
$1,389,000 USD
Commercial for Sale, 620 Shore Road, Babylon, New York 11757
- MLS#961794
Listed By Birch Hill Realty Consultants
The Commercial Property for Sale located at 620 Shore Road, Babylon, New York 11757 is currently for sale. 620 Shore Road, Babylon, New York 11757 is listed for $1,389,000.
Property features
Lot/Land
- Land/Lot size:
975 m² (10,500 ft²)
Construction
- Construction: Brick
Heating and Cooling
- Heating system: Natural Gas
Description
Rare opportunity to acquire a 1/2 acre assemblage, Two parcels being sold together. ( 620 & 628 Shore Rd ). 628 Shore Rd is vacant land and 620 Shore Rd is currently improved with income-producing mechanic shop / warehouse with tenant paying $8,000/Month. The Village has indicated support for a minimum of 8 senior housing units 2 Bedrooms 1.5 Baths approximately 1,500 SF each. The elevated construction concept strategy already contemplated ( piles/helicals with under-unit car ports, post sandy coastal style construction. With $8,000/Month cash flow from existing mechanic/ warehouse tenant gives a developer ability to collect income while advancing approvals and environmental due diligence are completed.
Location
620 Shore Road, Babylon, New York 11757