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    OFF-MARKET
    Retail properties & Spaces

    93-93B Montauk Hwy, Hampton Bays, NY 11946

    7,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 93-93B Montauk Highway in Suffolk County, offers a unique investment opportunity. The site encompasses 2.2 acres and features two existing buildings totaling 7,000 square feet of vacant retail space. One building offers 2,700 square feet with a full basement, while the second building comprises 2,730 square feet, complete with a drive-thru and full basement. Both buildings are available for lease, with a minimum divisible space of 2,700 square feet and a maximum contiguous space of 2,730 square feet. The property is zoned for highway business use and benefits from an approved site plan for an additional 7,000 square feet of new construction, presenting significant expansion potential. The two parcels are also severable, offering flexibility for individual buyers or developers. This prime location on Montauk Highway provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. The existing buildings offer immediate occupancy, while the approved site plan allows for future growth and development. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving Suffolk County market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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