For Sale
$3,200,000

51 Hill St Southampton, NY 11968

High-yield, fully leased commercial property.

Overview

Added:
Feb 3
Days on market:
73
This exceptional investment opportunity presents a fully leased, 4,020 square foot commercial property situated on Hill Street in Southampton Village's vibrant business district. The property boasts a prime location amidst significant ongoing development, including a new movie theater, retail spaces, and the Southampton Inn, ensuring strong future growth potential. The building comprises 1.5 floors and sits on a 7,500 square foot lot with 50 feet of frontage on Hill Street, providing excellent visibility and accessibility. Currently operating at 100% occupancy with a credit tenant, this property offers a stable income stream and the potential for future expansion. The building's office space accounts for the entire 4,020 square feet of rentable area. This is a rare chance to acquire a high-performing commercial asset in a thriving and rapidly developing area of Southampton. The strong tenant and prime location make this an ideal investment for those seeking a secure and profitable addition to their portfolio. The property's strategic position within the heart of the business district guarantees high foot traffic and visibility, maximizing its potential for long-term success. This is a turnkey operation with immediate income generation, presenting a compelling opportunity for discerning investors.

Property Details for 51 Hill St

Property type
Commercial real estate
Square Feet
4,020 SF
Year Built
1984

Location Insight

City
Southampton
County
Suffolk County
State
New York
Latitude
40.88396
Longitude
-72.39479
51 Hill St, Southampton, New York

FAQs

What type of property is this?
Commercial real estate - High-yield, fully leased commercial property.
Where is the commercial real estate located?
The property is located at 51 Hill St Southampton, NY.
What is the asking price?
The asking price for this property is $3,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
51 Hill St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message