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45 S Euclid Ave

3,000 SF Vacant Retail Building Montauk, NY 11954 £2,363,055 (£788/SF)

Investment Highlights

  • Prime Downtown Montauk Location
  • Mixed Use - Retail & Residence
  • Newly Renovated - Three Fully Usable Floors
  • Owner Operator or Investment Property

Executive Summary

Mixed Use Investment Property Offering Three Fully Finished Floors in a Prime Downtown Location
Located at 45 South Euclid Ave, this newly constructed building is in a prime Montauk location surrounded by shops, bars, and restaurants. Zoned for Central Business, the space comprises three fully finished levels and provides just under 3,000sf of versatile space.
The main level features a beautiful great room with an open kitchen, complete with a large center island, Miele and Wolf appliances, and white Carrera marble countertops. A powder room with Lefroy Brooks fixtures and a private bonus area add to the main floor’s appeal. Sliding glass doors lead to a private deck that overlooks Fort Pond and the rear of the property.
Upstairs, the property boasts two separate bedrooms, two baths with Lefroy Brooks fixtures, and a private balcony. This level also includes a versatile open commercial-use area suitable for living, retail, office, or other purposes. Additional features include open office space and a powder room, with access to a full-height loft that spans the length of the building, perfect for additional storage.
The lower level is fully finished, with two egresses providing ample natural light. It includes a half bathroom, laundry room, & storage/mechanical room. Constructed with top-of-the-line materials, this building offers five HVAC zones, radiant heated wood floors, & high-grade appliances and fixtures.
The property, landscaped with plantings, offers seven designated parking spaces. Ready for occupancy, this is an excellent opportunity to create a home or operate a business with built-in housing on 0.1 Acres in the heart of Montauk.
Asking Price: $2,995,000
Inquire with the Hamptons Commercial RE Team for additional information.
Tax ID #: 472489 472406 049000 0003 016000 0000
2023 Town Tax Bill: $4,861.18

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Year Built
2022
Price
£2,363,055
Price Per SF
£788
Percent Leased
Vacant
Number of Floors
2
Building FAR
0.73
Land Acres
0.09 AC
Parking
6 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 3,000 SF Retail - Now

1st Floor

Size
3,000 SF
Space Use
Retail
Position
-
Available
Now
  • Listing ID: 32692945

  • Date on Market: 05/08/2024

  • Last Updated:

  • Address: 45 S Euclid Ave, Montauk, NY 11954

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