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Restaurant and Bar with Covered Patio
New
For Lease
$325,000

40 & 21 Bowden Sq, Southampton, NY 11968

A fully equipped kitchen, basement storage, and a separate garage support restaurant operations.

Space SizeContact for details
Property Size8,800 SF
Days on Market2

Property Features for 40 & 21 Bowden Sq

General Information

Standard status Active
Size 8,800 SF
Total Parking Spaces 80
Property subtype Commercial
Lease Term 12 months

Restaurant

Seating Capacity 288
Patio Yes

Taxes and HOA fees

Annual Taxes $9,087

Building Details

Building Size 8,800 SF
Year Built 1999
Listing Agency: Saunders & Associates
Listed By: Lee V. Minetree · License #10301201975
Source: Elliman
Added: Oct 19 Last Checked: Oct 19 at 2:11PM

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 Saunders & Associates

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Investment Insights

Based on property information with market context.

Configured for restaurant and bar service, the property offers approximately 7,000+/- SF and seating for 288. The interior includes three bars, multiple dining areas, and two fireplaces, with a covered patio providing additional service space. A fully equipped kitchen is complemented by a large basement and a separate garage for operational and storage use.

Located at 40 & 21 Bowden Sq in Southampton, the property includes approximately 80 on-site parking spaces. The building was constructed in 1999.

Key Highlights

  • 288‑seat restaurant and bar with three separate bars
  • Approximately 7,000+/- SF of space
  • Multiple dining areas, two fireplaces, and a covered patio

Property Analytics

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Current Use

Union Burger Bar Restaurant Union Restaurant Restaurant Union Sushi and Steak Restaurant

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility HVAC Service Auto Parts Store Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,538
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 29% Groceries 22% Apparel 1%
McDonald's Dining
25,755 visits/mo 0.4 miles
Stop & Shop Groceries
22,509 visits/mo 0.2 miles
7-Eleven Shops & Services
17,690 visits/mo 0.4 miles
Cumberland Farms Shops & Services
10,620 visits/mo 0.5 miles
Capital One Bank Shops & Services
4,862 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A fully equipped kitchen, basement storage, and a separate garage support restaurant operations.
Where is this conventional restaurant located?
The property is located at 40 & 21 Bowden Sq Southampton, NY.
What is the lease rate?
The lease rate is $325,000.
What are key features of this property?
This property features: 288‑seat restaurant and bar with three separate bars; Approximately 7,000+/- SF of space; Multiple dining areas, two fireplaces, and a covered patio
More about this property
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