24
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$1,200,000
Est. payment /mo
Active
542 East Meadow AVE East Meadow, NY 11554
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UPDATED:
02/16/2025 09:09 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY802429
Originating Board onekey2
Rental Info No
Annual Tax Amount $18,196
Property Sub-Type Retail
Property Description
Prime Mixed-Use Property for Sale: Great Location & Strong Rental Potential
Located on the highly trafficked East Meadow Avenue, this property offers 2 spacious 12 x 22 storefronts and a 2-bedroom, 2-bath residential unit in a busy retail corridor. With ample parking—including a 3-car driveway, 1-car garage, and free parking in front—this property is ideal for businesses and tenants.
Renovated in 2018, it features a modern kitchen, updated baths, and a finished basement with outside entrance (OSE), plus a large backyard. The annual rental revenue potential is approx. $91,000+. Additionally, permits are in place for a second-floor expansion, providing opportunities for further growth.
This versatile property is perfect for investors or business owners looking for income and expansion potential.
Located on the highly trafficked East Meadow Avenue, this property offers 2 spacious 12 x 22 storefronts and a 2-bedroom, 2-bath residential unit in a busy retail corridor. With ample parking—including a 3-car driveway, 1-car garage, and free parking in front—this property is ideal for businesses and tenants.
Renovated in 2018, it features a modern kitchen, updated baths, and a finished basement with outside entrance (OSE), plus a large backyard. The annual rental revenue potential is approx. $91,000+. Additionally, permits are in place for a second-floor expansion, providing opportunities for further growth.
This versatile property is perfect for investors or business owners looking for income and expansion potential.
Location
State NY
County Nassau County
Rooms
Basement Finished, Walk-Out Access
Interior
Heating Oil
Cooling Electric
Fireplace No
Appliance Dryer, Electric Oven, Electric Range, Refrigerator, Washer, Oil Water Heater
Exterior
Utilities Available None
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition Real Estate Owned
Virtual Tour https://app.realtorsessentials.com/542-E-Meadow-Ave-1/idx
Listed by Coldwell Banker American Homes