Description
Turnkey grocery business for sale in a prime Brooklyn location on busy Smith Street. Well-established neighborhood grocery store with strong foot traffic and a loyal customer base, offering both delivery and pickup services. Business is being sold as-is with vacant possession. Lease includes a 7-year term with a 5-year renewal option, 3 months security deposit, and 3% annual rent escalation. Fully built-out space with consistent grocery sales and strong demand for convenient, local shopping. Known for providing fresh, affordable products with reliable neighborhood service. Excellent growth potential to expand online ordering, delivery range, specialty or prepared foods, and partnerships with local vendors. Ideal for owner-operators or investors seeking a stable, income-producing business in a growing residential area.
Details
| MLS # | 973485 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | Mr. Beet Grocery Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 155 |
| Listing Provided By | Chase Global Realty Corp | John Z. Liu CBR |
Features
| Basement | Y |
|---|
Interior
| Heating | Ducts, Hot Air |
|---|
Exterior
| Security Features | Fire Alarm, Fire Sprinkler System, Video Cameras |
|---|---|
| Construction Materials | Brick |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Lot | 6 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11201 |
| Listing VS Median (in 11201) | |
Price: $750,000 low | high Med: $589,000 On site: 155 low | high Med: 72 | |
Market Activity 11201
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11201 |
| Listing VS Median (in 11201) | |
Price: $750,000 low | high Med: $589,000 On site: 155 low | high Med: 72 | |