1640 Montauk Hwy Water Mill, NY 11976

This exceptional 0.68-acre commercial property in Water Mill, NY, presents a rare investment opportunity. Located at the highly visible corner of Montauk Highway and Windmill Lane, this landmark site boasts 320 feet of prime highway frontage. The property includes a main building with a ~1,400 square foot showroom featuring a first-floor retail area and a ~1,100 square foot second-floor apartment. Attached is a ~1,100 square foot quad-bay warehouse garage. A separate gated rear yard houses an additional ~1,400 square foot dual-bay warehouse garage, offering significant expansion potential. The property benefits from a 2004 zoning variance, protecting its commercial operations (auto repair, gasoline sales, vehicle sales/leasing) within a CR40 residential zone. The versatile structures and prime location make this an ideal investment for a variety of East End businesses. The property's APN is 473689 084.000-0001-039.000, and the asking price is $4,500,000. The property is zoned commercial and offers ground-level basement access via a sloping grade along Windmill Lane. This unique offering combines retail, warehouse, and residential space, providing a diverse range of possibilities for future development and use. The property's location between Water Mill, Bridgehampton, and Sag Harbor ensures high visibility and accessibility.