137 Montauk Hwy Southampton, NY 11968
- Commercial real estate
- 13,000 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 137 Montauk Hwy
- Year built
- 2003
- Lot size
- 1.00 lot acres
- Property size
- 13,000 SF
- Property type
- Commercial real estate
Description
This exceptional 13,000 square foot commercial property, situated on a one-acre lot at 137 Montauk Highway in Southampton, NY, presents a compelling investment opportunity. Currently 100% occupied, the property boasts an attractive return on investment with significant upside potential. Its versatile design allows for a wide range of uses, including but not limited to: specialty trade, contractor space, warehouse, flex space, storage, office, industrial, showroom, retail, professional services, and creative businesses. The building's strong tenant base and solid lease agreements, featuring built-in escalations, ensure a stable and growing income stream. The property benefits from easy access to major transportation routes and is located in a high-demand area with excellent demographics. This turnkey operation is a rare find in the Southampton market and is ideal for investors, end-users, or a combination thereof. The property's size, location, and current occupancy make it an exceptional opportunity for long-term growth and profitability. This is a truly unique chance to acquire a high-performing commercial asset in a prime Southampton location. The building size is 13,000 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southampton
- County
- Suffolk County
- State
- New York
- Longitude
- -72.4353
- Latitude
- 40.8857
