$7,950,000
521 Montauk HWY Amagansett, NY 11930
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$7,950,000
Est. payment /mo
0.5 Acres Lot
Active
521 Montauk HWY Amagansett, NY 11930
UPDATED:
06/07/2024 05:51 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3483881
Originating Board onekey
Rental Info No
Year Built 1975
Annual Tax Amount $15,282
Lot Size 0.500 Acres
Acres 0.5
Property Description
Excellent Opportunity to buy or lease this Commercial property situated in the heart of Amagansett, in East Hampton Township. This 1.50 Acre property consists of 2 lots with 171 feet of frontage that is home to a 5,000 SF former restaurant that allows seating up to 186 people. Parking plan 80+ cars. Updates include steel and structural work, new windows and doors, phase 3 electric, 3000 propane tank, and HVAC. Building is considered "warm dark shell" and ready for your business! Seller can retrofit or build out. Near LIRR, Village, Ocean beaches and last stop before Montauk. Ideal location for use as restaurant, wine bar, brewery, convenience store, grocery, general store, furniture or design showroom, medical use or nearly any retail commercial use with site plan approval. Brand new apartment complex right next door! Highly desirable demographic with daily traffic counts of 14K cars passing and doubled in the spring/summer season. Many possibilities for use!
Location
State NY
County Suffolk
Zoning Commercial
Interior
Heating Propane, Forced Air
Fireplace No
Building
Sewer Septic Tank
Others
Special Listing Condition None
Listed by Douglas Elliman Real Estate • 631-354-8100
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