187 Bedford Avenue

Description

Exceptional opportunity to acquire a fully built-out commercial space in a prime, high-traffic location directly across from a busy train station, providing outstanding visibility and steady foot traffic throughout the day. The true value of this offering is the below-market lease and unbeatable location, making it an outstanding opportunity for an owner-user or investor.The space is currently operating as a fast-casual Italian restaurant and is being sold fully equipped with all appliances included. However, this is not just a restaurant opportunity—the space can be adapted for a wide variety of business concepts, including a deli, smoke shop, café, bakery, full-service restaurant, or many other uses (subject to landlord approval and applicable regulations).Featuring approximately 1,100 SF on the main level, a 200 SF basement for storage, and a 400 SF backyard, the property offers seating for approximately 40 guests indoors and 30 guests outdoors.The premises are fully equipped with a commercial hood system, gas line, and 220V electrical service, making it ready for a variety of food service or retail operations with minimal build-out. Operating expenses include approximately $13,250/month rent, $500/month water, $2,500-$2,800/month gas, and $300/month insurance. The current lease has 3.5 years remaining at this exceptionally low rental rate, followed by one additional 5-year renewal option at market rent. This is a rare chance to secure a premier commercial location with rent at approximately half the cost of comparable nearby storefronts. Whether you continue the current operation or completely reimagine the space, the true value lies in the exceptional lease, unbeatable location, and the flexibility to create the business that best fits your vision.