20412 Hillside Avenue, Hollis, NY 11423

$875,000

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List Price
$875,000
Status
ACTIVE
MLS#
1021552
Year Built
1931
Days on Market
25
Acres
0.04
County
Queens
City Orig
Hollis
Lot Size
1900

Property Description

Excellent opportunity to acquire a well-established neighborhood mini market located in a high-visibility location with strong daily foot traffic. This turnkey business comes equipped with a substantial amount of supermarket equipment, including numerous refrigerated display units, shelving, fixtures, and other essential store furnishings. The property features two fully equipped kitchens, a finished full basement offering extensive storage space, a private office, a bathroom, and a comprehensive security camera system. An attached restaurant space provides additional flexibility and may continue operating as a restaurant (subject to any required approvals) or be incorporated into the existing market to expand the retail footprint. The business reported approximately $1.5 million in gross revenue during 2025. Seller indicates that 2026 sales have declined as they prepare for retirement/sale, with reduced investment in inventory due to other business ventures and increased family commitments. This is an excellent opportunity for an owner-operator, investor, or entrepreneur looking to build upon an established foundation. Whether you choose to continue the current concept or modernize and reposition the business, the property offers flexibility and significant potential for future growth. Buyers are encouraged to perform their own due diligence regarding financial performance, operations, and any intended future use. This is for sale of the business only. The rent is currently at $12,900 per month.

Additional Information

Appliances
Convection Oven, Cooktop, Gas Cooktop, Gas Oven, Gas Range, Oven, Refrigerator, Stainless Steel Appliance(s)
Sq Ft
1900

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Giovanni G. Mangiafreno (ggm15.cjr@gmail.com) from Listing Office: Concrete Jungle NYC Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.