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Active - Business for sale
521 Montauk Highway, Amagansett, NY 11930
Facts & features
Why you’ll love it
Excellent Opportunity to buy 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. Updates include steel and structural work, new windows, roof, phase 3 electric, 3000 propane tank, and HVAC. Building is considered "warm dark shell" and ready for your business to come in and customize! 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!
Listed by: Melissa Principi • Melissa.Principi@elliman.com • Douglas Elliman Real Estate
Co-listed by: Michael G Murphy • michael.murphy@elliman.com • Douglas Elliman Real Estate
Come see by yourself
Affordability
$41,473/mo
- Mortgage$40,200
- Property tax$1,274
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Amagansett
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Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
