716 Montauk Hwy - Restaurant FOR SALE


Montauk, NY 11954
$9,975,000 USD
631-324-1700
716 Montauk Hwy, Montauk, NY for Sale
$9,975,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

716 Montauk Hwy
Montauk, NY 11954


HIGHLIGHTS

  • Iconic Main Street Retail Complex in the Heart of Montauk
  • Diverse Tenant Mix with a Strong Rent Roll
  • Unbeatable Location with Maximum Visibility and Foot Traffic

OVERVIEW

Two-Story Multi-Tenant Asset – This 9,600sf building spans two floors on a 0.32-acre parcel, offering ample rear parking for both tenants and patrons. The property has been thoughtfully upgraded and features a striking, contemporary facade, standing out as one of the few large-scale commercial buildings in Montauk’s retail landscape. Unmatched Main Street Presence – With 120 feet of frontage in the heart of Montauk’s retail shopping district, this building holds a commanding position in one of the most heavily trafficked areas of Montauk. Its visibility, access, and scale make it a rare investment opportunity in one of the Hamptons’ most active and iconic commercial markets. Premier Retail Leasing Destination – This is the most sought-after retail space for tenants in Montauk, with consistent demand from top-tier local and regional operators. The current tenant mix includes long-standing restaurants, take-out food concepts, and lifestyle retailers, offering a well-balanced and diversified income stream. Surrounding Businesses: Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, Sel Rose Montauk, Sole East Please inquire exclusively with the Hamptons Commercial RE Team for additional information.

FOR SALE DETAILS

PRICE

$9,975,000 USD

PRICE/SF

$1,039 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

0300-049-00-04-00-034-001

ASK ABOUT THIS PROPERTY

Jeffrey SztorcCompassMore Info
631-324-1700

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Jeffrey SztorcCompassMore Info
631-324-1700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.