Glen Cove Bar Restaurant For Sale/New Renovation/Leased To Established Restaurant Operator
Pricing
$735,000.00
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Price: $735,000.00
Net Operating Income: 41,000
Cap Ratio: 6%
Commission Split: 50%
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Property Location
100 School St
Glen Cove, NY 11542
Features
Total Square Footage: 2800
Lot Size: 3750
Property Type: Restaurant
Contact Information
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JDS NORTH SHORE REALTY 37a Cedar Swamp Rd Glen Cove N.Y. 11542
 516-676-6400
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Call Joseph Lovaglio Lic.Real Estate Broker
Just Renovated And Leased Bar Restaurant In Downtown Glen Cove. Long Term Lease In Place,Tenant Paying All Tax Increases Over Base Year Taxes. Rent Is $5000 A Month With 2.5% Rent Increases Each Year 5 Year Lease With 2-5 Year Options. Taxes Are $16,000 A Year. Building Has New Electric, Plumbing And Roof.
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