322 Montauk Hwy Southampton, NY 11968
- Retail properties
- 4,194 SF
- 0.97 lot acres
Current Use by Public Records
- Retail properties
Property Details for 322 Montauk Hwy
- Year built
- 1967
- Lot size
- 0.97 lot acres
- Property size
- 4,194 SF
- Property type
- Retail properties
Description
This exceptional 4,194 square foot retail property, situated on a 0.97-acre lot at 322 Montauk Highway in Southampton, NY, presents a unique investment opportunity. Currently operating as a thriving high-end steakhouse, the property is offered for sale at $2,200,000. The building is fully equipped and ready for immediate operation, representing a turnkey solution for a discerning buyer. Alternatively, the property is also available for lease. A triple net lease is offered at $15,000 per month with a $500,000 key money deposit. The property's prime location on Montauk Highway ensures high visibility and accessibility, making it an ideal location for a variety of businesses. The substantial 0.97-acre lot provides ample space for outdoor seating or expansion. The existing infrastructure, designed for a high-volume restaurant, includes all necessary equipment and fixtures. This presents a rare chance to acquire a well-established business or to lease a fully operational space in a highly desirable Southampton location. The property's strong performance history and prime location make it an attractive investment with significant potential for future growth. Serious inquiries only.
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
- -72.4516
- Latitude
- 40.885
