348 Montauk HwyWainscott, NY 11975

  • Industrial properties
  • 0.35 AC
For Sale
$6,750,000 View listing

Property Details for 348 Montauk Hwy

Lot size
0.35 AC
Property type
Industrial properties
Property subtype
Other warehouses
APN
0300-197.00-02.00-014.000
APU
300197000200014000

Description

This exceptional 15,000-square-foot commercial property, located at 348 Montauk Highway in Wainscott, NY, presents a unique investment opportunity. Situated on a 0.35-acre lot, this two-story building boasts a versatile layout currently configured as a showroom, office, and warehouse space. The ground level encompasses 9,124 square feet, while the second level offers an additional 5,972 square feet of usable space. The warehouse component features five separate bays, three loading docks, and four dock-high doors, providing ample capacity for storage and distribution. The property also includes 26 parking spaces, accommodating both employees and customers, with convenient truck and trailer access. The building's prime location on Montauk Highway, just west of East Hampton Village, ensures high visibility and easy access to the entire South Fork. The existing configuration includes two showroom spaces and three office spaces, offering flexibility for various business needs. Outdoor storage is also available. The property can be delivered vacant and presents significant potential for redevelopment or repurposing as a large showroom or wholesale trade center. The existing business is also for sale. Surrounding neighbors include established businesses such as Local TV Inc., Cedar Design, and East End Excavating Corp., among others. This property offers a compelling blend of functionality, location, and potential, making it an ideal investment for discerning buyers.

348 Montauk Hwy, Wainscott, New York

Location Insight

City
Wainscott
County
Suffolk
State
New York
Latitude
40.9486
Longitude
-72.2452
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$1,800
$24,950
$26,750
-
$4,865
$67,432
$72,297

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