521 Montauk Highway, Amagansett

$7,950,000

0 Beds
0 Baths
½ Acres
0 Garages

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!

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Essential Information
MLS® #3483881
Price$7,950,000
Bathrooms0.00
Acres0.50
Year Built1975
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address521 Montauk Highway
CityAmagansett
CountySuffolk
StateNY
Zip Code11930
Interior
HeatingPropane, Forced Air
Additional Information
Date ListedJune 8th, 2023
Days on Market329
ZoningCommercial
Listing Details
Listing Courtesy ofDouglas Elliman Real Estate
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Listing information last updated on May 2nd, 2024 at 8:20pm CDT.