519-521 Montauk Hwy - Retail FOR SALE


Amagansett, NY 11930
$7,000,000 USD
631-834-2626
519-521 Montauk Hwy, Amagansett, NY for Sale
$7,000,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

519-521 Montauk Hwy
Amagansett, NY 11930


HIGHLIGHTS

  • Incredible Demographics
  • Highly Visible Location with Dozens of Possibilites
  • Brand New Apartment Complex right next door

OVERVIEW

Excellent Opportunity to buy or lease Commercial property situated in the heart of Amagansett, in East Hampton Township. This 1.50 Acre property consists of 2 lots with 171 feet of frontage that is home to a 5,000 SF former restaurant that allows seating up to 186 people. Within walking distance to the LIRR, the Village and just minutes to Ocean beaches this is the ideal location for use as restaurant, wine bar, brewery, convenience store, grocery, general store, furniture or design showroom, medical use or nearly any retail commercial use. Brand new apartment complex right next door! Highly desirable demographic with daily traffic counts of 14K cars passing and doubled in the spring/summer season. Many possibilities for use! Please contact Michael Murphy for a private showing and more details.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$1,400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

CB

APN/PARCEL ID

0300-150-00-05-00-028-002

ASK ABOUT THIS PROPERTY

Michael MurphyDouglas Elliman CommercialMore Info
631-834-2626

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Michael MurphyDouglas Elliman CommercialMore Info
631-834-2626

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