About This Restaurant
Investment Highlights
Montauk's Oldest Restaurant! Main Road Visibility & Frontage Extensive Outdoor Dining Central Downtown Location Newly Renovated Interior 6 Bedroom Staff House
Executive Summary
Incredible Opportunity! Montauk's Oldest Restaurant Is Available For Sale!This iconic +/- 1,800 SF Turnkey Restaurant is strategically located in the heart of Montauk, surrounded by all of the amenities the beachfront town has to offer. Situated on a 0.29-acre lot, this property is located within the heart of the heavily trafficked business district. Corner location with 140 feet of frontage S. Euclid Avenue. One of the only sites allowing for dining to nightlife.This property has occupancy for +/-120 people between the interior and exterior patio. Ample indoor and outdoor seating for four seasons. The entire property was extensively updated inside and out. Features a rustic beach vibe for the classic Montauk style. Includes a detached 6-bedroom house that is currently used for staff housing.Lot offers parking for +/- 20 vehicles. Ideal turnkey restaurant opportunity! Montauk is a premier destination year-round for high end consumer spending. With luxury resorts surrounding the village, this is the ideal opportunity for investor or end user. -Iconic Restaurant -Renovated Interior -Fully Equipped Kitchen -6 Bedroom House -56 Interior Seats -Room For Events -230 Ft Road Frontage -+/- 1,800 SF on .29-Acres -Heart of Montauk -Two Exterior Patios -CB Zoning - $8,132 Tax -Walk In Fridge/FreezerInquire with the Hamptons Commercial RE Team for additional information.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar General Retail Fast Food General Retail Freestanding Restaurant
- Building Size 1,800
- Building Class C
- Year Built 1927
- Price 4,695,000
- Price Per SF 2,608
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.14
- Land Acres 0.29 AC
Amenities
- Restaurant
Property Taxes
Parcel Number | 0300-049-00-01-00-008-000 | Improvements Assessment | $1,300 |
Land Assessment | $7,000 | Total Assessment | $8,300 |
Date Created: | 2024-07-16 04:18:00 | Last Updated: | 2024-07-16 04:18:00 |
Address: | 63 S Euclid Ave , Montauk, New York, 11954 |