449 Kings HWY, Brooklyn, NY 11223
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$ 160,000
Est. payment | /mo

11,685 SqFt


Save
$ 160,000
Est. payment | /mo
Save

11,685 SqFt

Key Details

Property Type Commercial

Sub Type Business Only

Listing Status Active

Purchase Type For Sale

Square Footage 11,685 sqft

Price per Sqft $13

MLS Listing ID 503689

Property Sub-Type Business Only

Property Description

Excellent opportunity to acquire a long-established neighborhood grocery business in a prime Brooklyn location. Green Apple Grocery has served the local community for approximately 50 years and has been operated by the same family for the past 16 years, building a loyal and established customer base. Situated on a highly visible corner near the subway, the store benefits from excellent foot traffic and strong neighborhood exposure. A new owner may enter into a 10-year lease at approximately $4,500 per month. Landlord pays water; no CAM or additional real estate taxes. Annual rent increase is approximately $100 per month. The sale includes approximately $50,000 in inventory and a full range of operating equipment, including two walk-in refrigeration units, an ice machine, beverage refrigerator, dairy refrigerator, produce refrigerator, and ice cream freezer. The store also offers flower sales, and a Beer & Wine License is currently in process, providing additional growth potential. Owner is selling due to retirement and health reasons. Business sale only; real estate is not included. Please do not disturb employees or customers. All showings are by appointment only.

Location

State NY

County Kings (brooklyn)

Area Gravesend

Zoning r6

Rooms

Basement Partial

Interior

Interior Features Other

Heating Gas

Flooring Hardwood

Equipment call

Heat Source Gas

Exterior

Exterior Feature Brick

Utilities Available Other

Roof Type Flat

Present Use Other

Building

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Assumption,Bank Mortgage,Cash

Listed by Ashford Homes LLC

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449 Kings HWY