PL-01 · 40°35.5′NFor Sale
12 Lido Blvd5 Photographs
Back to Homes for Sale
Point Lookout, NY 11569
12 Lido Blvd
The Gateway to Point Lookout — Shell & The Point Supermarket
2,882
Sq Ft
commercial
Type
The Listing
About This Property
Fully renovated Shell-branded gas station and convenience store — The Point Supermarket — at the gateway entrance to Point Lookout. Offered at $7,500,000, an 8.0% cap rate on $600,000 of net operating income. Renovated in 2022 with dual frontage of 120 feet on Lido Boulevard and 100 feet on Parkside Drive, 15 parking spaces, and the only lottery retailer in Point Lookout. A rare barrier-island commercial holding with true trophy-corner positioning. Offering courtesy of LoopNet.
Of Note
Features
- Turnkey Shell-Branded Operation
- 8.0% Cap Rate · $600K NOI
- Dual Frontage: 120' + 100'
- Renovated 2022
- 15 Parking Spaces
- Only Lottery Retailer in Town
Gallery