116-122 Broadway
$1,700,000
116-122 Broadway Malverne, NY 11565
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About this listing
Introducing The Broadway Strip, located at 116-122 Broadway, Malvern, NY 11565. This retail strip property is a lucrative investment opportunity offered at an asking price of $1,700,000. Boasting a prime location on Broadway, this property features 4,700 sq. ft. of space across 5 units, built in 1957 and zoned as C2. Recent updates to the roof and HVAC systems ensure the property is in excellent condition, offering low maintenance costs. With a high-traffic area, The Broadway Strip guarantees maximum visibility for retail businesses, ideal for attracting customers. The property has a strong financial performance, with a Net Operating Income (NOI) of $107,868. Convenient accessibility ensures easy customer and delivery access, making it an attractive option for businesses. Don't miss out on this incredible opportunity to own a profitable retail property in Malvern, NY. Contact us today to learn more about The Broadway Strip.
