670 Montauk Hwy Water Mill, NY 11976-2628
This exceptional 7,667 square foot multi-tenant retail building, located at 670 Montauk Highway, presents a unique investment opportunity. Currently fully vacant, this property offers three available spaces ranging from 810 to 3,500 square feet, providing flexibility for a variety of businesses. The building's versatile layout is ideal for a mix of restaurant and office tenants, with the potential for a flagship retail presence. The property's prominent location on Montauk Highway ensures high visibility and accessibility, attracting significant foot traffic and driving customer engagement. The building's design incorporates second-floor office space, offering additional opportunities for businesses requiring both retail and administrative areas. This presents a rare chance to establish a thriving commercial presence in a high-demand location. The substantial square footage allows for customization to suit individual tenant needs, making it an attractive proposition for businesses seeking a flexible and adaptable workspace. The property's current vacancy status provides a blank canvas for a new owner to curate a vibrant and successful tenant mix, maximizing rental income and return on investment. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. This is an exceptional opportunity to secure a well-positioned commercial property with significant growth potential.
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No 1 Chinese Restaurant Restaurant
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Kissaki Sushi Restaurant
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Hampton Kitchen Delicatessen Food Market Restaurant
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Excel Masonry General Contractor Construction Company
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Alpina Swiss Bakery Bakery Specialty Food Shop
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
VB · Water Mill, NYWater Mill. 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.