131 Main St Southampton, NY 11968-4810
This exceptional Southampton Village investment opportunity presents a unique blend of commercial and residential space within a single property at 131 Main St. The building offers a substantial 4,402 square feet, strategically divided to maximize its potential. The ground floor encompasses a generous 2,600 square feet of retail space, ideally suited for a diverse range of businesses, capitalizing on the high foot traffic of this desirable location. This expansive area provides ample room for a flagship store, multiple smaller businesses, or a combination thereof. Upstairs, the second floor offers 1,800 square feet of residential space, providing a comfortable and convenient living area above the commercial space. This residential component adds significant value and versatility to the property. The property's location in the heart of Southampton Village ensures high visibility and accessibility, attracting both local residents and tourists. While the lot size is listed as half an acre, the building's prime location and versatile layout make this a truly exceptional investment opportunity for both business expansion and long-term asset growth. The asking price is $2,849,000. This mixed-use property offers a rare chance to own a significant piece of Southampton Village real estate.
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RBC Wealth Management Financial Advisor
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B B Casa Inc Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
VILLA · Southampton, NYSouthampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.