Active
521 Montauk Highway
Amagansett NY, 11930
$7,950,000
$1,590.00 per sqft
Active
5,000 sqft
Commercial
Built in 1975
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!
L3483881
MLSⓇ ID
June 8, 2023
Listed
December 9, 2024
Updated
Map
521 Montauk Highway
Amagansett NY, 11930
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Propane
Exterior/Building Features
Lot Size
0.5 Acres
Sewer
Septic Tank
Other Property Details
Taxes
$15,282
Tax Frequency
Annually
Days on Market
545
Garage
No
View
No
County
Suffolk County
Pool
No
Zoning
Commercial
Listed by Melissa Principi Michael G. Murphy with Douglas Elliman Real Estate
Listing Contact: 631-354-8100
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Doug Sabo Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5:29 PM UTC, 12/9/2024