716 Montauk Hwy

716 Hwy , Montauk, New York, 11954 | 9,600 sq.f

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About This Restaurant

Investment Highlights

Multi Tenant Retail Building Highly Trafficked Area Recently Renovated Montauk Highway Frontage Immensely Desired Community Rear Parking

Executive Summary

In the heart of Montauk with an unprecedented 120ft of Main Street frontage in the most heavily trafficked area of the community.A varied and sought-after mix of nine tenants, including long-standing restaurants, take-out food entities, & impressive retailers.The most prestigious and sought-after retail building in the community directly in the middle of downtown on Main Street. It has been fully renovated inside and out within the last five years.The building comprises of 9,600 square feet on two floors with ample parking on a 0.32-acre parcel. Consistent demand from quality tenants.Surrounding Businesses:Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, Sel Rose Montuak, Sole East.Please inquire exclusively with the Hamptons Commercial RE Team for additional information.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Convenience Store General Retail Fast Food General Retail Storefront Retail/Office Restaurant
  • Building Size    9,600
  • Building Class    C
  • Year Built/Renovated    1997/2019
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.69
  • Land Acres    0.32 AC

Amenities

  • Bus Line
  • Courtyard
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Skyway
  • Accent Lighting
  • Air Conditioning
  • Balcony

Property Taxes

Parcel Number 0300-049-00-04-00-034-001 Improvements Assessment $2,400
Land Assessment $23,675 Total Assessment $26,075
Date Created: 2024-07-16 04:18:03 Last Updated: 2024-07-16 04:18:03
Address: 716 Hwy , Montauk, New York, 11954