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2600-2610 Pettit Ave 12,000 SF 75% Leased Retail Building Bellmore, NY 11710 $3,818,024 CAD ($318.17 CAD/SF)
Investment Highlights
- Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!!
- The Property Is Located In The Heart Of Bellmore On Pettit Avenue At The LIRR Station & 1 Block Off Sunrise Highway!!!
- The Entire Building Can Be Delivered Vacant If Need Be.
- The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9’ Ceilings, 2 Lots, Cabaret License, ++!
- Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, +++!!
- This Property Offers HUGE Upside Potential!!!
Executive Summary
Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!! The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9’ Ceilings, 2 Lots, Strategically Placed Curb Cut, Multiple Offices, Restaurant/Bar, Basement, Rear Yard, All New LED Lighting, 400 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Bellmore On Pettit Ave. At The Bellmore LIRR Station & 1 Block Off Sunrise Highway!!! The Property Is Situated In Between Large Municipal Parking Lots!!! Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, Dunkin’, CVS, Panera Bread, Crunch Fitness, Applebee’s Bar & Grill, Mavis Discount Tire, Costello’s Ace Hardware, HomeGoods, Aboff’s Paints, Trader Joe’s, McDonald’s, Valero, +++!!! The Building Has A Cabaret License & Was Previously Home To A Successful Bar/Live Music Venue!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Home For Your Business!!!
Income:
Law Office (1,250 Sqft.): $48,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/17/28.
Office 2 (500 Sqft.): $24,000 Ann. (Available)
Office 3 (500 Sqft.): $24,000 Ann. (Available)
Office 4 (500 Sqft.): $24,000 Ann. (Available)
Restaurant/Bar (3,000 Sqft. + 3,000 Sqft. LL + Rear Yard): $132,000 Ann.
Pro Forma Gross Income: $252,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $5,380 Ann.
Taxes: $53,545.35 Ann.
Total Expenses: $59,175.35 Ann.
Pro Forma Net Operating Income (NOI): $192,824.65 Ann. (6.89% Cap!!!)
Income:
Law Office (1,250 Sqft.): $48,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/17/28.
Office 2 (500 Sqft.): $24,000 Ann. (Available)
Office 3 (500 Sqft.): $24,000 Ann. (Available)
Office 4 (500 Sqft.): $24,000 Ann. (Available)
Restaurant/Bar (3,000 Sqft. + 3,000 Sqft. LL + Rear Yard): $132,000 Ann.
Pro Forma Gross Income: $252,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $5,380 Ann.
Taxes: $53,545.35 Ann.
Total Expenses: $59,175.35 Ann.
Pro Forma Net Operating Income (NOI): $192,824.65 Ann. (6.89% Cap!!!)
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$343,622
|
$28.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$343,622
|
$28.64
|
| Taxes |
$73,013
|
$6.08
|
| Operating Expenses |
$7,677
|
$0.64
|
| Total Expenses |
$80,690
|
$6.72
|
| Net Operating Income |
$262,932
|
$21.91
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $343,622 |
| Annual Per SF | $28.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $343,622 |
| Annual Per SF | $28.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $73,013 |
| Annual Per SF | $6.08 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,677 |
| Annual Per SF | $0.64 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $80,690 |
| Annual Per SF | $6.72 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $262,932 |
| Annual Per SF | $21.91 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
C
Year Built
1924
Price
$3,818,024 CAD
Price Per SF
$318.17 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.14 AC
Zoning
481-4
Parking
68 Spaces (5.67 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Controlled Access
- Freeway Visibility
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This spacious 3,000 sq ft restaurant and bar offers a vibrant setting with an additional 3,000 sq ft basement and a welcoming outdoor patio. Located in a prime Bellmore location, the property holds a cabaret license—perfect for live entertainment and nightlife concepts. Ideal for restaurateurs or bar owners seeking a turnkey venue with ample space and licensing flexibility.
| Space | Size | Space Use | Position | Available |
| 242 | 3,000 SF | Restaurant | End Cap | Now |
242
| Size |
| 3,000 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
242
| Size | 3,000 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
This spacious 3,000 sq ft restaurant and bar offers a vibrant setting with an additional 3,000 sq ft basement and a welcoming outdoor patio. Located in a prime Bellmore location, the property holds a cabaret license—perfect for live entertainment and nightlife concepts. Ideal for restaurateurs or bar owners seeking a turnkey venue with ample space and licensing flexibility.
Walk Score®
Very Walkable (88)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $8,053 CAD | |
| Land Assessment | $8,014 CAD | Annual Taxes | $73,013 CAD ($6.08 CAD/SF) |
| Improvements Assessment | $39 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$8,014 CAD
Improvements Assessment
$39 CAD
Total Assessment
$8,053 CAD
Annual Taxes
$73,013 CAD ($6.08 CAD/SF)
Tax Year
2025
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2600-2610 Pettit Ave
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