Turnkey Commercial Opportunity in the Heart of Franklin Square, Long Island
Step into ownership with this exceptional ground-floor commercial property offering 1,408 square feet of versatile space, plus a fully finished basement—perfect for storage, prep, or expansion. Maintained in excellent condition, this property is truly move-in ready.
Positioned in a high-visibility, high-traffic location, it’s ideal for entrepreneurs and investors alike. Currently operating as a successful takeout restaurant, the space provides immediate income potential with three years remaining on the lease.
Looking to launch your own concept? You have the flexibility to terminate the existing lease and bring your vision to life.
All of this—prime location, strong business potential, and turnkey convenience—for under $600,000.
Opportunities like this don’t last. Secure your spot in one of Long Island’s most desirable commercial corridors today.
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1923
Basement
Finished, Storage Space
TAX AMOUNT
13132.37
LATEST UPDATE
2026-05-06T07:21:10.725Z
DAYS ON MARKET
1
PRICE CHANGE(S)
$598,000 May 6, 2026
CUMULATIVE DAYS ON MARKET
1
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeRetail
MLS #994676
HeatingHeat Pump
CoolingCentral Air
Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1923
BasementFinished, Storage Space
TAX AMOUNT13132.37
LATEST UPDATE2026-05-06T07:21:10.725Z
DAYS ON MARKET1
PRICE CHANGE(S)
$598,000 May 6, 2026
CUMULATIVE DAYS ON MARKET1
Market Trends
New Properties On Market
16,423
75%
Increase In New Listings
Average Asking Price
$718,497
$25,669 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$333
$7 Decrease In List Price/Sq. Ft.
Average Days On Market
6
15 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
Details provided by OneKey and may not match the public record. Information Copyright 2025, All Rights Reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.