Description

Prime retail opportunity located at 2822 Middle Country Road in Lake Grove, NY, offering a highly versatile property for both investors and occupiers. Built in 2006, this 4,100-square-foot freestanding building is situated on a 1.11-acre parcel along a bustling commercial corridor with a daily traffic count of 32,923 vehicles. The property is currently 100% vacant, providing a blank slate for customization or redevelopment. The asking price is negotiable, with the space available for sale or lease, and flexible divisibility options to meet tenant needs. For investors, this property presents a compelling value-add opportunity in a high-traffic retail market.

With 0% current occupancy, there is significant upside potential to stabilize the asset and achieve strong returns. The location, coupled with its modern construction and ample acreage, makes it a desirable option for long-term capital appreciation and income generation. For occupiers, the property features up to 4,100 square feet of leasable space, with the flexibility to subdivide as needed. The open layout is ideal for a variety of retail uses, and the negotiable terms provide an excellent opportunity to secure a presence in a thriving commercial area. With its strategic location and adaptability, this property is well-suited to meet the needs of both investors and tenants seeking to capitalize on its prime positioning in the Lake Grove submarket.