525 Montauk HwyEastport, NY 11941
For Sale
$1,595,000
Profitable Eastport Business, Expansion Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- Exceptional mixed-use investment opportunity in Eastport, NY.
- 1,800 SF building, renovated in 2018, with a thriving gourmet market tenant.
- 6.00% cap rate, $1,595,000 asking price ($886.11/SF).
- 1,500 SF net rentable space on a 0.46-acre lot with 20 parking spaces.
- Modified lease with no credit check required; sale includes building, business, and adjacent vacant lot.
Property Details for 525 Montauk Hwy
- Property type
- Retail properties, Restaurants
- Square Feet
- 1,800 SF
- Class
- B
- Year Built/Renovated
- 1970/2018
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 20,038 SF
Location Insight
- City
- Eastport
- County
- Suffolk
- State
- New York
- Latitude
- 40.825779
- Longitude
- -72.7317441
525 Montauk Hwy, Eastport, New York
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Profitable Eastport Business, Expansion Potential
- Where is the retail property located?
- The property is located at 525 Montauk Hwy Eastport, NY.
- What is the asking price?
- The asking price for this property is $1,595,000.
- What are key features of this property?
- This property features: Exceptional mixed-use investment opportunity in Eastport, NY.; 1,800 SF building, renovated in 2018, with a thriving gourmet market tenant.; 6.00% cap rate, $1,595,000 asking price ($886.11/SF).
- 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.
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