63 S Euclid Ave - Restaurant FOR SALE


Montauk, NY 11954
$4,695,000 USD
631-678-2460
63 S Euclid Ave, Montauk, NY for Sale
$4,695,000 USD
Restaurant - FOR SALE
1/54
null | Request Cap Rate

63 S Euclid Ave
Montauk, NY 11954


HIGHLIGHTS

  • Montauk's Oldest Restaurant!
  • Central Downtown Location
  • Main Road Visibility & Frontage
  • Newly Renovated Interior
  • Extensive Outdoor Dining
  • 6 Bedroom Staff House

OVERVIEW

Incredible Opportunity! Montauk's Oldest Restaurant Is Available For Sale! This iconic +/- 1,800 SF Turnkey Restaurant is strategically located in the heart of Montauk, surrounded by all of the amenities the beachfront town has to offer. Situated on a 0.29-acre lot, this property is located within the heart of the heavily trafficked business district. Corner location with 140 feet of frontage S. Euclid Avenue. One of the only sites allowing for dining to nightlife. This property has occupancy for +/-120 people between the interior and exterior patio. Ample indoor and outdoor seating for four seasons. The entire property was extensively updated inside and out. Features a rustic beach vibe for the classic Montauk style. Includes a detached 6-bedroom house that is currently used for staff housing. Lot offers parking for +/- 20 vehicles. Ideal turnkey restaurant opportunity! Montauk is a premier destination year-round for high end consumer spending. With luxury resorts surrounding the village, this is the ideal opportunity for investor or end user. -Iconic Restaurant -Renovated Interior -Fully Equipped Kitchen -6 Bedroom House -56 Interior Seats -Room For Events -230 Ft Road Frontage -+/- 1,800 SF on .29-Acres -Heart of Montauk -Two Exterior Patios -CB Zoning - $8,132 Tax -Walk In Fridge/Freezer Inquire with the Hamptons Commercial RE Team for additional information.

FOR SALE DETAILS

PRICE

$4,695,000 USD

PRICE/SF

$2,608 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

Commerical

APN/PARCEL ID

0300-049-00-01-00-008-000

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.