363 Beach rd - Restaurant FOR SALE


Hampton Bays, NY 11946
$7,450,000 USD
631-678-2460
363 Beach rd, Hampton Bays, NY for Sale
$7,450,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

363 Beach rd
Hampton Bays, NY 11946


HIGHLIGHTS

  • 525 Person Capacity (150 indoor seats and 375 person outdoor bar)
  • Bayfront Restaurant / Bar with Sweeping Ocean Views
  • Turn-Key, Newly Renovated
  • Three Distinct Dining Areas With Water Views
  • Outdoor Bar with Three Distinct Deck Areas With Water Views
  • Take Out Window from a Secondary Interior Bar

OVERVIEW

Welcome to 363 Beach Road, the most expansive restaurant and bar opportunity on the East End, offering an unmatched combination of stunning ocean / bay views, a renovated layout, & a prime location in the heart of the new "Hampton Bays." This venue is poised to be a focal point for both daytime & nighttime activities, drawing a vibrant crowd that is transforming the Hamptons scene. With 8,160sf of space, including 3,391sf of indoor dining and 4,769sf of wraparound outdoor decking, the property offers an impressive 525-person capacity, making it ideal for high-volume concepts. Guests can enjoy 150 indoor seats and an expansive 375-person outdoor bar with breathtaking views of Shinnecock Bay, Shinnecock Canal, Atlantic Ocean, and Ponquogue Bridge. The venue’s unparalleled sunset views create the perfect backdrop for an unforgettable experience Situated directly across from the beach, this location provides a built-in clientele of beachgoers & tourists throughout the day, which seamlessly transitions into a vibrant nighttime scene. This incredible accessibility ensures a steady flow of patrons seeking both dining and leisure. The occupant can also lease the retail storefronts on the first floor; complementing the restaurant offerings creating additional business potential. Whether it’s a private celebration, a corporate event, or a wedding, the venue offers versatile event spaces designed to accommodate a variety of occasions. Its spacious wraparound deck, multiple bars, and open dining areas are perfect for hosting spectacular private and public events. Potential exists to retrofit the commercial fish processing & approximately 18 boat slips in the marina pending Town & DEC approvals. Join the evolving Hampton Bays scene and make your mark with an iconic property designed for both luxury and high-capacity dining. This is truly a premier destination for those looking to create a one-of-a-kind culinary and entertainment experience. Price Upon Request for sale of the entire property or lease of the restaurant site on it's own.. Please inquire with the Hamptons Commercial RE Team for additional information. Property Tax ID #: 473689 364.000-0001-004.000 2023 Town Tax Bill: $41,974.60

FOR SALE DETAILS

PRICE

$7,450,000 USD

PRICE/SF

$913 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,154 SF

ZONING

RWB

APN/PARCEL ID

0900-364-00-01-00-004-000

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.