521 Montauk Highway, Amagansett, NY

$7,950,000

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0.50

Acres

About 521 Montauk Highway

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!

Features of 521 Montauk Highway

MLS® # 3483881
Price $7,950,000
Bathrooms 0.00
Square Footage 21780
Acres 0.50
Year Built 1975
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 521 Montauk Highway
City Amagansett
County Suffolk
State NY
Zip Code 11930

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Propane, Forced Air
Fireplace No
Has Basement No

Additional Information

Date Listed June 8th, 2023
Days on Market 522
Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman Real Estate

Listing Map

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