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 Phyllis Wolkoff 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

  

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