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40-42 Hempstead Turnpike Oyster Bay, NY 11735
$3,600,000
  • Commercial
  • Year Built 1960
  • Misc
  • ML# 3362984

Property Details

Overview

Unique opportunity for investors & users alike! Multi-use/Commercial. Optimal location conveniently located on Hempstead Tpke (Route 24), high visibility, easy access with traffic light at corner & turning lane for east & westbound traffic flow, property wraps around to Merritts Rd with additional egress, north/south access, 3 curb cuts. Possibilities for redevelopment and/or other uses, property currently consisting of operational nursery, 42 Hempstead Tpke, section 49, block 255 & lot 13 (will sell separately for $2, 600, 000), & 2 residential homes, 40 Hempstead Tpke, lot #11 & 100 Merritts Rd, lot #18, almost 2 acres, approximate lot sq ftg 70, 000 sq ft. In its current use both commercial & real estate, cash flow can be achieved. Tremendous, unlimited opportunities! Tax grievances filed on nursery & both residential homes (see attachments).

Key Facts

  • Lot Sq Ft: 70000
  • Sale or Rent: Sale
  • Block: 255
  • Lot: 11 & 13

Additional Features

Interior & Utilities

  • Heat: Baseboard, Forced Air, Natural Gas, Oil
Listing Information provided courtesy of Coldwell Banker American Homes  516-293-2323
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