About 521 Montauk Highway
Excellent Opportunity to buy or lease this 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. Parking plan 80+ cars. Updates include steel and structural work, new windows and doors, phase 3 electric, 3000 propane tank, and HVAC. Building is considered "warm dark shell" and ready for your business! Seller can retrofit or build out. Near LIRR, Village, Ocean beaches and last stop before Montauk. 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 with site plan approval. 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!
Features of 521 Montauk Highway
MLS® # | 3483881 |
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Price | $7,950,000 |
Bathrooms | 0.00 |
Square Footage | 21780 |
Acres | 0.50 |
Year Built | 1975 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 521 Montauk Highway |
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City | Amagansett |
County | Suffolk |
State | NY |
Zip Code | 11930 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Propane, Forced Air |
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Fireplace | No |
Has Basement | No |
Additional Information
Date Listed | June 8th, 2023 |
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Days on Market | 517 |
Zoning | Commercial |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Listing Provided Courtesy of | Douglas Elliman Real Estate |
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