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116-122 Broadway Malvern 5 Unit Strip Center

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ID: 74
116-122 Broadway Malvern 5 Unit Strip Center
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$1,800,000.00
Earnest Money Deposit: $50,000

(Currently Sold Out. Inquire for availability)
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Property Description

Introducing The Broadway Retail Strip, located at 116-122 Broadway, Malvern, NY 11565. This prime investment opportunity offers a 4,700 sq. ft. property featuring 5 units built in 1957.

Recent updates include a 3-year-old roof and HVAC systems, ensuring low maintenance costs. The property is situated in a bustling C2 zoning area, providing a stable and profitable income with a Net Operating Income of $107,868. Its high-visibility location on Broadway guarantees maximum exposure to passing traffic, making it an ideal spot for retail businesses. Customers and deliveries will find easy accessibility to the property, further enhancing its appeal for potential tenants.

With an asking price of $1,800,000, this retail strip presents a lucrative investment opportunity in the heart of Malvern. Don't miss out on the chance to own a piece of this thriving commercial real estate market.

BUILDING INFORMATION

  • 2,804
  • 2,804
  • 100%
  • 5
  • 1957
  • 1
  • 1
  • 4,700
  • 100%

PROPERTY TYPE

  • Retail
  • Dental Office
  • B
  • Modified
  • Multi
  • 5
  • 2 years
  • 3 years
  • $641.94
  • 5.99%
  • $107,868