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521 Montauk Highway Amagansett, NY 11930
$7,950,000
  • Commercial
  • Year Built 1975
  • Retail
  • ML# 3483881

Property Details

Overview

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!

Key Facts

  • Lot Size: 0.5
  • Lot Sq Ft: 21780
  • Taxes: $15,282
  • Business Type: Food Service
  • Sale or Rent: Sale
  • Zoning: Commercial
  • Block: 0005
  • Lot: 28

Additional Features

Interior & Utilities

  • Heat: Propane, Forced Air
  • Sewer: Septic Tank

Financial

  • Taxes: $15,282
Listing Information provided courtesy of Douglas Elliman Real Estate  631-354-8100
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