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Busy Retail/Office - Melville, NY

This well located investment property offers ±5,967 SF of mixed-use space on a level ±0.80-acre lot. The property features stable tenants, including Subway and Cost Cut Liquors, generating a NOI of $134,647, producing a 6% cap rate.

Strategically positioned off the high-traffic NYS Route 110 intersection and across from Costco, next to 7-Eleven - this well-maintained property boasts recent upgrades such as a new roof and paved parking lot. Additional highlights include proximity to economic drivers like Melville Business Park and SUNY Farmingdale. With simple management, outstanding NYS DOT traffic counts and desirable area demographics, 5 Ruland Road presents an ideal investment opportunity.

Don't miss out on this income-producing asset in a bustling commercial corridor - inquire now for the rent roll and income/expense details on this lucrative investment in Melville's thriving business district.

Price
$2,295,000.
Square Footage
5,967
Units
3
Lot Size
.8
Occupancy
100
Address
5 Ruland Road, Melville, NY
Major Tenants
Subway
Listing Agent
Managing Director
Listing Agent
Licensed Real Estate Salesperson