342 Montauk Hwy - Warehouse FOR SALE


Wainscott, NY 11975
$8,995,000 USD
631-629-7675
342 Montauk Hwy, Wainscott, NY for Sale
$8,995,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

342 Montauk Hwy
Wainscott, NY 11975


HIGHLIGHTS

  • Extensive Highway Frontage
  • Prime, Central Location
  • Multiple Natural Divisions
  • Owner Operator / Investment Property

OVERVIEW

Long Standing business and real estate which includes 4 buildings covering .62/acre. Located on Montauk Highway in Wainscott – convenient to all East End communities. The four buildings and covered area in-between total over 27,000 square feet and the three warehouse buildings have ceiling heights between 19’ and 29’. The site is zoned for moving and storage allowing a buyer to transform the site to a general storage facility to capitalize on additional income potential or maintain the business as is which includes: storage, viewing of stored items, long distance & local moving and packing & crating. Current staff includes a General Manager, 3 office people and 8 movers. Upkeep of the site is relatively low and the Real Estate taxes are only $15,000/year.

FOR SALE DETAILS

PRICE

$8,995,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,000

ZONING

-

APN/PARCEL ID

0300-197-00-02-00-016-000

ASK ABOUT THIS PROPERTY

Sean DeeryCompassMore Info
631-629-7675

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Sean DeeryCompassMore Info
631-629-7675

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