$7,950,000 $42,677 est/mo Sourced by Back At You

521 Montauk Highway,Amagansett, NY 11930

Amagansett NY, 11930

Share with a friend

Description

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!

Details

MLS#3483881
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1975
Days On Site317
Listing Provided ByDouglas Elliman Real Estate | Melissa Principi

Features

ZoningCommercial
Acreage0.50

Market Activity 11930

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

Request a showing

Request a showing

Loading Form

Contact

Learn More About This Property

StateNY
CountySuffolk
CityAmagansett
Zip Code11930
Subarea31
Listing VS Median (in 11930)
Price:
$7,950,000
low | high
Med:
$400,000
100% of Average
On Site:
317
low | high
Med:
264.000000
100% of Average
Sourced by Back At You
Listing Updated: April 21, 2024 at 3:13:38 AM PDT
Real Estate Links Our Domains