117 Main St - Storefront Retail/Residential FOR SALE


Sag Harbor, NY 11963
$6,350,000 USD
631-678-2460
117 Main St, Sag Harbor, NY for Sale
$6,350,000 USD
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

117 Main St
Sag Harbor, NY 11963


HIGHLIGHTS

  • Exceptional Sag Harbor Investment Property
  • Multi-Level Commercial Space With Rare Amenities
  • Private Backyard Offers Versatility
  • Historical Character & Modern Functionality
  • Zoning Flexibility in the Village Business District

OVERVIEW

Exceptional Sag Harbor Investment Property – 117 Main Street is a fully leased multi-tenant commercial investment property located on .189-acres in the heart of Sag Harbor’s Village Business district (VB); with frontage on Main Street & Washington Street. Surrounded by boutiques, restaurants, and cultural landmarks, the property enjoys excellent consumer traffic & access in one of the Hamptons’ most desirable retail districts. Multi-Level Commercial Space With Rare Amenities – There are two distinct first floor retail spaces: a thriving Jack’s Coffee shop with boutique co-tenants and a separate clothing store. The upper floors (3,065sf across the second, third, & fourth floors ) are newly leased to a prominent decor & lifestyle brand showcasing the building’s versatility for high-end retail use. Access to the upper levels are available via a grand staircase from Main Street and employee / delivery access from the backyard at grade. Private Backyard Offers Versatility – Rare for a property in the Village core, the backyard features private parking (4 spots), a luxurious patio, a gunite pool, and landscaped gardens. These amenities enhance the property’s appeal and provide additional functionality for tenants or potential mixed-use adaptations. Historical Character & Modern Functionality – With its exposed wood beams, multiple fireplaces, and period hardwood floors, the property maintains its historic charm while offering updated infrastructure for modern commercial or residential use. The carefully undertaken restoration and renovation have made it one of the most iconic buildings in Sag Harbor’s business district. Zoning Flexibility in the Village Business District – The VB zoning allows for a range of commercial uses, (clothing store, general store, coffee shop, restaurant, professional office, & more). Additional opportunities may be explored through the Special Exception processes. Offering a strong mix of mid- & long-term leases in one of the most prime locations of Sag Harbor Village, this unique investment offering has enduring value, historic significance, & long term adaptability. Surrounding Tenants: Jack’s Coffee, Montecito Collective, Buddhaberry, Southern Tide, Apple Bank, Compass Matriark, Sag Harbor Cinema, Modern General, Sag Pizza, Satori, Henry Lehr Please inquire with the Hamptons Commercial Real Estate team for more information. Tax Map #: 473609 003.000-0004-004.000 2024 Village Tax Bill: $4,965.92 2024 Town Tax Bill: $9,990.60

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$1,588 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

VB

APN/PARCEL ID

0903-003-00-04-00-004-000

ASK ABOUT THIS PROPERTY

Hal ZwickCompassMore Info
631-678-2460

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Hal ZwickCompassMore Info
631-678-2460

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.