Storefront with Adjacent Development
For Sale
$2,300,000
494 & 500 Montauk Highway, East Quogue, NY 11942
Village Business-zoned storefront with a newer metal roof, propane heating, and an adjoining parcel for expanded site planning.
Property Size2,512 SF
Price / SF$915.61
Days on Market1468
Property Features for 494 & 500 Montauk Highway
General Information
Standard status
Active
Size
2,512 SF
Total Parking Spaces
9
Property subtype
Business Opportunity
Zoning
VB
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$2,400,000
Taxes and HOA fees
Annual Taxes
$13,256
Building Details
Building Size
2,512 SF
Year Built
1978
Buildings
1
Stories
1
Listing Agency:
Douglas Elliman Real Estate
(631) 953-5750
Listed By:
Richard Connelly · License #977929
(631) 953-5750
Source:
Cohenandcohenrealty
Added: Aug 14, 2022
Changed: Aug 20
Last Checked: Aug 20 at 6:02AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
The property includes a 2,512-square-foot storefront building constructed in 1978, together with an adjacent 1.01-acre lot. The building occupies 0.26 acres and has a newer 50-year metal roof along with a newer propane gas furnace. The store is zoned Village Business, providing a commercial framework for the existing structure.
Frontage is on Montauk Highway in East Quogue, and the property is identified at 494 & 500 Montauk Highway. The additional land is zoned 54.5% Village Business and 45.5% Residential, creating a combined site with distinct land-use designations. The property information also references a hardware store business and inventory, while machinery rental operations are excluded from that description.
Frontage is on Montauk Highway in East Quogue, and the property is identified at 494 & 500 Montauk Highway. The additional land is zoned 54.5% Village Business and 45.5% Residential, creating a combined site with distinct land-use designations. The property information also references a hardware store business and inventory, while machinery rental operations are excluded from that description.
Key Highlights
- 2,512‑square‑foot storefront building constructed in 1978
- Adjacent 1.01‑acre lot included with the 0.26‑acre building parcel
- Newer 50‑year metal roof and newer propane gas furnace
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11942, NY
5,571
Population
3,471
Households
1.6
Avg Household Size
45
Median Age
51%
College-Educated
93%
High-School Grad
8.5 sq mi
ZIP Area
655
Density / Sq Mi
$106,875
Median Household Income
$50,816
Median Earnings
$1,785
Median Rent
$801,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Village Business-zoned storefront with a newer metal roof, propane heating, and an adjoining parcel for expanded site planning.
Where is this storefront property located?
The property is located at 494 & 500 Montauk Highway East Quogue, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 2,512‑square‑foot storefront building constructed in 1978; Adjacent 1.01‑acre lot included with the 0.26‑acre building parcel; Newer 50‑year metal roof and newer propane gas furnace
