51-55 Hill St - Storefront Retail/Office FOR SALE


Southampton, NY 11968
$3,250,000 USD
917-658-7907
51-55 Hill St, Southampton, NY for Sale
$3,250,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

51-55 Hill St
Southampton, NY 11968


HIGHLIGHTS

  • Located between Movie Theater reopening 2024/25 and Southampton Inn with forthcoming upscale expansion, near Jobs Lane, Lake Agawam, Estate Section.
  • Redevelopment potential +/- 13,000 sf
  • Curb cut on Hill St.

OVERVIEW

Prime investment in the heart of Southampton Village Business District offered at $800/sf of building area. 50% occupied through 2030 by triple A tenant. Delivered 50% vacant or at rent to be negotiated. Great redevelopment and expansion opportunity - can be redeveloped to +13,000 sf based on 70% lot coverage and 35' max height Curb cut on Hill Street. 7,500 sf land. Low taxes.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$808 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hill Street Business Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

VILLAGE

APN/PARCEL ID

0904-006-00-01-00-009-000

ASK ABOUT THIS PROPERTY

Victoria KahnCentury 21 Agawam Town & Village RealtyMore Info
917-658-7907

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Victoria KahnCentury 21 Agawam Town & Village RealtyMore Info
917-658-7907

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