510 S Franklin StreetHempstead, NY 11550Price: $1,700,000

Excellent Investment / Owner-User Opportunity in Hempstead, Long Island Presenting an opportunity to acquire a three-story commercial property at 510 S Franklin Street in Hempstead, New York, conveniently situated along the South Franklin Street corridor. The property offers a flexible layout with multiple individual spaces, providing an attractive opportunity for an investor, business owner, professional practice, or organization seeking a Long Island location with the potential for multiple occupants and income streams. Investment Potential: Suitable for owner-user or investment consideration Accessibility: Convenient to surrounding residential neighborhoods, commercial districts and major Long Island roadways INVESTMENT OPPORTUNITY The property's multi-space configuration provides flexibility for a purchaser seeking to occupy all or a portion of the building while potentially leasing additional space to other occupants. The property may appeal to buyers seeking space for professional offices, administrative operations, medical/professional services, educational or community-oriented uses, or other commercial uses, subject to applicable zoning, permits and municipal approvals. For an investor, the building's layout provides an opportunity to evaluate a multi-tenant leasing strategy and potentially increase income through leasing and property management. Note that the property has rights to build up and build out additional floors onto the building.