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Renovated Mixed-Use Property
For Sale
$21,900,000

1 Hill Street, Southampton, NY 11968

Two renovated buildings combine retail, office, wellness, and grocery uses within Southampton Village’s VB district.

Property Size19,805 SF
Lot Size0.42 Acres
Price / SF$1,105
Days on Market172

Property Features for 1 Hill Street

General Information

Standard status Active
Size 19,805 SF
Lot size 0.42 Acres
Property subtype Mixed Use
Zoning Village Business (VB)

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Asking Price $21,900,000

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Compass
Listed By: Hal Zwick · License #40ZW1016031
Source: Compass
Added: Mar 13 Changed: Aug 31 Last Checked: Aug 31 at 2:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 0.417-acre mixed-use property comprises 19,805 square feet across two distinct buildings. The corner building at 1-17 Windmill Lane and 1-9 Hill Street contains 11,505 square feet on two levels, with seven ground-floor occupants spanning fashion, fitness, salon, office, and food service uses, plus two collections of private executive offices upstairs. The one-story building at 15 Hill Street adds 8,300 square feet with high ceilings and is occupied by a natural foods market and medical spa. The improvements were renovated and the tenant roster was re-established with local and regional businesses under multi-year leases.

The property occupies the corner of Hill Street and Windmill Lane in Southampton Village, across from Agawam Park and near Southampton Playhouse, Southampton Cultural Center, Southampton Arts Center, El Verano, Shippy’s, and Limoncello Ristorante. Village Business (VB) zoning supports retail, office, and service uses. The site is also positioned within the Village’s pedestrian-oriented layout, with planned sewer district service identified as a future factor in expanded wet-use potential.

Key Highlights

  • 0.417‑acre commercial property with 19,805sf across two buildings
  • 11,505sf corner building spans two stories and includes seven ground‑floor retail tenants
  • 8,300sf one‑story building with high ceilings

Property Analytics

Current Use

Fire Damage Restoration ... General Contractor

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale Store Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 11968, NY

14,467
Population
10,444
Households
1.4
Avg Household Size
46
Median Age
61%
College-Educated
98%
High-School Grad
26.9 sq mi
ZIP Area
538
Density / Sq Mi
$146,138
Median Household Income
$64,959
Median Earnings
$2,068
Median Rent
$1,171,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two renovated buildings combine retail, office, wellness, and grocery uses within Southampton Village’s VB district.
Where is this mixed-use property located?
The property is located at 1 Hill Street Southampton, NY.
What is the asking price?
The asking price for this property is $21,900,000.
What are key features of this property?
This property features: 0.417‑acre commercial property with 19,805sf across two buildings; 11,505sf corner building spans two stories and includes seven ground‑floor retail tenants; 8,300sf one‑story building with high ceilings
More about this property
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