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Springs Market 472 Old Stone Hwy

2,300 SF Retail Building East Hampton, NY 11937 £1,889,122 (£821/SF)

Executive Summary

Unique opportunity for an investor/and or operator to own an East Hampton mainstay. The property includes the currently operating Springs Market. The Market comes with a tremendous local following and is ripe for continued growth for the next buyer. The property has two buildings with ample parking and is just shy of 1/2 acre. The Market has outdoor seating and with its pre-existing non conforming as per the TEH, is ready for possible enhancements.
This property has SLA wet use permits which allows visitors to purchase and drink alcohol on the premises.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,300 SF
Building Class
B
Year Built/Renovated
1960/2020
Price
£1,889,122
Price Per SF
£821
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.46 AC
Parking
20 Spaces (8.7 Spaces per 1,000 SF Leased)
Frontage
180 ft on Old Stone Highway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0300-103-00-08-00-019-000
Land Assessment
£955
Improvements Assessment
£3,142
Total Assessment
£4,097
  • Listing ID: 26279509

  • Date on Market: 28/07/2022

  • Last Updated:

  • Address: 472 Old Stone Hwy, East Hampton, NY 11937

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