Two-Story Multi-Tenant Retail
For Sale
$9,975,000
716 Montauk Highway, Montauk, NY 11954
Two-story multi-tenant building with rear parking and 120 feet of frontage along Montauk Highway.
Property Size9,600 SF
Lot Size0.32 Acres
Price / SF$1,039
Days on Market179
Property Features for 716 Montauk Highway
General Information
Standard status
Active
Size
9,600 SF
Lot size
0.32 Acres
Property subtype
Mixed Use
Additional Details
Road Access
Yes
Building Details
Year Built
1997
Stories
2
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Hal Zwick · License #40ZW1016031
(631) 678-2460
Source:
Compass
Added: Mar 13
Changed: Aug 26
Last Checked: Aug 14 at 8:02AM
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 Compass
Investment Insights
Based on property information with market context.
Located at 716 Montauk Highway in Montauk, this two-story, multi-tenant commercial building offers a contemporary facade and has been thoughtfully upgraded. The property contains multiple tenant spaces within a single structure and includes rear parking intended for both tenants and patrons.
The building provides 120 feet of frontage and a prominent presence within the Montauk business district. Nearby businesses listed in the surrounding area include Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, Sel Rōse Montauk, and Sole East.
The current tenant mix is described as including long-standing restaurants, take-out food concepts, and lifestyle retailers, supporting a diversified day-to-day retail and dining profile within the property.
The building provides 120 feet of frontage and a prominent presence within the Montauk business district. Nearby businesses listed in the surrounding area include Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, Sel Rōse Montauk, and Sole East.
The current tenant mix is described as including long-standing restaurants, take-out food concepts, and lifestyle retailers, supporting a diversified day-to-day retail and dining profile within the property.
Key Highlights
- 2‑story, 9,600 SF multi‑tenant commercial building on a 0.32‑acre parcel
- 120 feet of frontage along Montauk Highway in the Montauk retail shopping district
- Rear parking available for both tenants and patrons
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Groceries 30%
7-Eleven
Shops & Services
8,989 visits/mo
0.2 miles
Montauk IGA
Groceries
6,499 visits/mo
0.2 miles
Chase Bank
Shops & Services
2,688 visits/mo
0.1 miles
Mobil
Shops & Services
2,055 visits/mo
0.1 miles
M&T Bank
Shops & Services
1,353 visits/mo
0.2 miles
Demographics for 11954, NY
4,318
Population
4,565
Households
0.9
Avg Household Size
50
Median Age
49%
College-Educated
96%
High-School Grad
18.5 sq mi
ZIP Area
233
Density / Sq Mi
$129,375
Median Household Income
$59,583
Median Earnings
$2,061
Median Rent
$1,186,400
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?
Shopping center - Two-story multi-tenant building with rear parking and 120 feet of frontage along Montauk Highway.
Where is this shopping center located?
The property is located at 716 Montauk Highway Montauk, NY.
What is the asking price?
The asking price for this property is $9,975,000.
What are key features of this property?
This property features: 2‑story, 9,600 SF multi‑tenant commercial building on a 0.32‑acre parcel; 120 feet of frontage along Montauk Highway in the Montauk retail shopping district; Rear parking available for both tenants and patrons
