365 Atlantic Avenue, Freeport, New York, 11520
$2,299,000
0
Beds
Bathrooms
7,014
Building Sqft
0.36
Acres
15,820
Lot Sqft
About 365 Atlantic Avenue
Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $146,888, delivering a 6.39% cap rate at a $2.3M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
Features of 365 Atlantic Avenue
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