Wantagh Commercial Properties for Sale

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Newest Wantagh Commercial Properties for Sale

$699,999

1022250 MLS

THIS REMARKABLE OPPORTUNITY TO HAVE YOUR BUSINESS LOCATED ON HEAVILY TRAFFICKED HIGHLY VISIBLE WANTAGH AVE..THIS STAND ALONE BUILDING OFFERS PRIVATE OFFICES/WAITING ROOM..LARGE STORAGE OR INVENTORY ROOM..1.5 BATHS..KITCHEN..PLUS A LOFT FOR ADDITIONAL OFFICE SPACE AND ATTIC FOR STORAGE..PRIVATE DRIVEWAY LEADS PARKING LOT FOR 4-5 CARS/TRUCKS.. ADDED BONUS 2500 SF LOT INCLUDED IN THE SALE WITH CURB CUT ON OPPOSITE STREET FOR EASY ENTRANCE IF NEED BE..SEWERS..CAC..LOCATED JUST MINS TO THE LIRR..PARKWAYS AND MOUNT SINAI MEDICAL COMPLEX..TAXES FOR BOTH BUILDING AND SEPARATE LOT ARE $11,073.97

2169 Wantagh Avenue, Wantagh

$1,900,000

957635 MLS

Located in the heart of Wantagh, Long Island, this 5,000-square-foot strip mall sits on a 10,000-square-foot lot and features six retail units. The property currently has four established tenants, two of whom occupy two units each, offering immediate and stable cash flow. The total monthly rental income is $11,200, which equates to $134,400 annually. Annual expenses include $22,000 in property taxes, $2,400 for water, and $6,800 in insurance, bringing total operating expenses to $31,200 per year. This results in a Net Operating Income (NOI) of $103,200. Based on an asking price of $1,900,000, the capitalization rate comes in at approximately 5.43%, offering investors a solid return in a highly sought-after market. Over the next five years, assuming stable rents and expenses, the projected total return from NOI alone is $516,000. That equates to a 5-year return of 27.16% on the purchase price, not including appreciation or rent escalations — a strong yield in today’s market. Wantagh is one of Nassau County’s most desirable and stable suburban communities, known for its high household incomes, top-rated schools, and vibrant local economy. Often referred to as the “Gateway to Jones Beach,” the area draws a mix of long-term residents and seasonal traffic. The property is positioned on a high-visibility, high-traffic road with close proximity to the Wantagh LIRR station and is surrounded by dense residential neighborhoods and a healthy mix of national chains and local retailers. This fully leased strip mall is a turnkey investment opportunity with dependable income, long-term tenant relationships, and upside potential through rent increases or repositioning in a rapidly appreciating market

3381 Merrick Road, Wantagh

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.