1385 Montauk Highway presents a rare opportunity to acquire an income-producing commercial property strategically positioned within the evolving Montauk Highway redevelopment corridor in East Patchogue. The property benefits from the current J-6 zoning framework and is located within both the Bellport corridor planning area and the Hagerman Hamlet Overlay, supporting long-term mixed-use redevelopment potential subject to approvals and future sewer expansion.
Currently operating as a successful auto salvage and dismantling facility, the property offers immediate cash flow while allowing investors to position for future appreciation and redevelopment possibilities. Ownership is willing to consider flexible seller financing structures as well as a potential lease-back arrangement, creating additional acquisition flexibility for qualified buyers.
Conceptual redevelopment scenarios previously explored include ground-floor commercial space with residential units above, taking advantage of the corridor’s long-term growth trajectory and strategic Montauk Highway frontage. This is a unique opportunity to secure a functioning business asset today while participating in one of the South Shore’s emerging redevelopment corridors.