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494 & 500 Montauk Highway Southampton, NY 11942
$2,400,000
  • Commercial
  • 2512 SqFt
  • Year Built 1978
  • Misc
  • ML# 3423505

Property Details

Overview

Opportunity to purchase a 2, 512 sq ft Building with a newer 50 year metal roof and newer propane gas furnace on .26 of an Acre on highly-trafficked Montauk Hwy with additional 1.01 adjacent lot included in the asking price of $2.4 million. Zoned Village Business. The Hardware store business and inventory, other than the machinery rental business, may also be included for a total asking price of $2.6 million. The Building, Business and Inventory is also offered at $1, 650, 000. The Land is zoned 54.5% Village Business and 45.5% Residential. The Store is zoned Village Business. Great for Contractors, who may require outdoor storage, Investors or Developers. The 1.01 Acre lot can not be sold separately, however, the Buyer has an option to lease it, if so desired. Use your imagination to create your business in this wonderful Hamlet in the Hamptons!

Key Facts

  • SqFt: 2512.00
  • Lot Sq Ft: 55322
  • Taxes: $12,910
  • Business Type: Commercial
  • Block: 3
  • Lot: 13

Additional Features

  • Parking Spaces: Yes
  • Parking Spaces: 9
  • Stories: 1

Interior & Utilities

  • Heat: Forced Air, Propane
  • Sewer: Septic Tank

Financial

  • Taxes: $12,910
Listing Information provided courtesy of Douglas Elliman Real Estate  631-723-2721
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