Property summary
This exceptional 1,800-square-foot freestanding bar and restaurant is ideally situated on a main road in the vibrant heart of Montauk, New York. The property boasts a fully renovated kitchen and dining area, ready for immediate operation. The bar area is also completely updated and ready for business. Enhancements include newly landscaped outdoor dining areas, creating an immersive and inviting atmosphere for patrons. The property sits on a 0.29-acre lot and includes a separate six-bedroom staff house, offering additional leasing potential. This turnkey establishment presents a unique opportunity for an experienced restaurateur or a new venture seeking to capitalize on Montauk's thriving tourism and local community. The single-tenant occupancy ensures ease of management and control. Located in Suffolk County, New York, with a zip code of 11954, this property offers a prime location for a successful business. The property is categorized as retail and restaurant, specifically a bar, and is ready for immediate occupancy. The building's total square footage is 1,800 square feet, all of which is currently vacant. This presents a blank canvas for a new owner to establish their vision.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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