Map
Listed price in listed location currency (USD).
$4,800,000

000

MLS® 1029196

Overview

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $62,016
Days Active 1
Lot Size 0.2089 Acres
Approx. Age 1952
MLS® Number 1029196

Property Address: 220 Old Country Rd, Mineola, NY, 11501-4284

Average square foot calculated using Size range provided by listing agent.

Description

LOCATED ON ONE OF NASSAU COUNTY'S MOST RECOGNIZED COMMERCIAL CORRIDORS, 220 OLD COUNTRY ROAD PRESENTS A RARE VALUE-ADD INVESTMENT OPPORTUNITY IN THE HEART OF MINEOLA. THIS WELL-MAINTAINED 13, 000-SQUARE-FOOT POFESSIONAL OFFICE BUILDING COMBINES STABLE-IN-PLACE INCOME WITH SUBSTANTIAL UPSIDE THROUGH LEASE ROLLOVER AND THE LEASE-UP OF MULTIPLE VACANT SUITES. THE BUILDING HAS BENEFITED FROM SEVERAL MAJOR CAPITAL IMPROVEMENTS, INCLUDING TWO RECENTLY INSTALLED ROOFTOP HVAC UNITS AND A NATURAL GAS BOILER APPROX 6 YEARS OLD, REDUCING NEAR-TERM CAPITAL EXPENDITURE REQUIREMENTS. THE SECONG FLOOR, COMMON AREAS, AND RESTROOMS WERE RENOVATED APPROXIMATELY EIGHT YEARS AGO, CREATING A MODERN AND PROFESSIONAL ENVIRONMENT FOR TENANTS AND VISITORS ALIKE. THE PROPERTY IS FURTHER ENHANCED BY ITS SOLID BRICK EXTERIOR, PROVIDING LONG-TERM DURABILITY AND LOW MAINTENANCE OWNERSHIP. SITUATED ALONG HEAVILY TRAVELED OLD COUNTRY ROAD, THE PROPERTY ENJOYS EXCEPTIONAL VISIBITY AND CONVENIENT ACCESS TO MINEOLA, GARDEN CITY, MAJOR HIGHWAYS, THE LONG ISLAND RAIL ROAD, NASSAU COUNTY OFFICES, NYU LANGONE HOSPITAL-LONG ISLAND, AND NUMEROUS LEGAL, MEDICAL, AND PROFESSIONAL BUSINESSES. THE CENTRAL LOCATION MAKES IT AN ATTRACTIVE DESTINATION FOR A WIDE VARIETY OF OFFICE USERS.
MLS® Number1029196
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1952
BasementFinished, Full
Driveway
Garage Spaces
HeatNatural Gas
A/CCentral Air

Extras

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