Prime Income-Producing Property in Babylon, NY
Located at 41 John Street, Babylon, NY 11702, this mixed-use commercial property presents a lucrative investment opportunity with a long-term lease in place until 2036. Spanning approximately 15,883 square feet, the building offers substantial space for various business operations.
Property Highlights
- Sizeable Structure: The property encompasses 15,883 square feet, providing ample room for diverse commercial uses. PropertyShark
- Established Tenancy: Currently occupied under a lease agreement set to expire in 2036, ensuring a steady income stream for investors. Realty
- Investment Potential: With a market value estimated at $2,047,436, the property offers significant appreciation prospects. PropertyShark
Location Advantages
- Strategic Positioning: Situated in the heart of Babylon, the property benefits from high visibility and accessibility, contributing to its commercial appeal.
- Proximity to Amenities: Close to various local businesses, transportation hubs, and community services, enhancing its desirability for tenants and customers alike.
This property is ideal for investors seeking a stable, income-generating asset with long-term tenancy in a prime location. For more information or to schedule a viewing, please contact the listing agent.