|
A rare opportunity to step into a fully equipped, turn-key restaurant on one of the Five Towns' most coveted commercial corridors. Located on prime Central Avenue in the heart of Lawrence at the border of Cedarhurst, this impressive space is ready for immediate operation — with every major infrastructure component in place and nothing left to source, permit, or install. Walk in, fire up the kitchen, and open for business. This is as turnkey as it gets. The corner windowed space spans over 1, 500 square feet and features soaring ceilings that create an open, dramatic atmosphere — a true standout on the block. An outdoor space is included, offering the opportunity for al fresco dining, expanded seating, or a café setup that draws foot traffic and adds serious curb appeal. Every critical piece of infrastructure comes with the sale. The Ansul fire suppression system is fully installed and permitted. The commercial hood is in place and operational. All gas work and trap sytem has been completed and permitted. Every piece of kitchen equipment stays — there is nothing to source, no contractor to call, and no waiting on inspections. Everything is done, approved, and ready to go. At $5, 500 per month in rent, this is an exceptionally competitive price point for a fully built-out, high-infrastructure restaurant space in one of Nassau County's most active and affluent dining markets. The $175, 000 asking price reflects the full value of the equipment, permits, and build-out already in place — a fraction of what it would cost to replicate from scratch. Central Avenue in Lawrence is the commercial backbone of the Five Towns — a densely populated, high-income enclave on the South Shore of Nassau County. The area draws heavy foot and vehicle traffic from Lawrence, Cedarhurst, Woodmere, Hewlett, and Inwood, making it one of Long Island's most consistently active retail and dining destinations. Whether you are an experienced restaurateur looking to expand or an entrepreneur ready to launch a concept, this space eliminates every barrier to entry. All permits are in place. All equipment is included. The space is ready for you.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$175,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $140,000 | $140,000 | $140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | $1,254 | $1,254 | $1,254 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $828 | $873 | $1,153 |
| Total Monthly Payment | $2,157 | $2,202 | $2,482 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.