472 Old Stone Hwy - Storefront Retail/Residential FOR SALE


East Hampton, NY 11937
$2,375,000 USD
631-943-1899
472 Old Stone Hwy, East Hampton, NY for Sale
$2,375,000 USD
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

472 Old Stone Hwy
East Hampton, NY 11937


OVERVIEW

Unique opportunity for an investor/and or operator to own an East Hampton mainstay. The property includes the currently operating Springs Market. The Market comes with a tremendous local following and is ripe for continued growth for the next buyer. The property has two buildings with ample parking and is just shy of 1/2 acre. The Market has outdoor seating and with its pre-existing non conforming as per the TEH, is ready for possible enhancements. This property has SLA wet use permits which allows visitors to purchase and drink alcohol on the premises.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$1,033 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Springs Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,084 SF

ZONING

-

APN/PARCEL ID

0300-103-00-08-00-019-000

ASK ABOUT THIS PROPERTY

Mitch LevyWilliam Reaveis-TNC LLCMore Info
631-943-1899

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Mitch LevyWilliam Reaveis-TNC LLCMore Info
631-943-1899

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