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519-521 Montauk Hwy
5,000 SF of Retail Space Available in Amagansett, NY 11930
Highlights
- Incredible Location in the town of East Hampton
- Ideal for restaurant, convenience or redevelopment
- 1.50 Acres For Sale or For Lease
- Across the street from professional offices and next door to brand new apartments
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Excellent Opportunity to lease or buy Commercial property situated in the heart of Amagansett, in East Hampton Township. This 1.50 Acre property consists of 2 lots with over 200 feet of frontage that is home to a 5,000 SF former restaurant that allows seating up to 186 people. Within walking distance to the LIRR, the Village and just minutes to Ocean beaches this is the ideal location for use as restaurant, wine bar, brewery, convenience store, grocery, general store, furniture or design showroom or nearly any retail commercial use. Please contact Michael Murphy for a private showing and more details.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Kitchen
- Incredible Location in E Hampton Town
- Across the street from professional offices
- Next door to brand new apartments
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 519-521 Montauk Hwy , Amagansett, NY 11930
| Property Type | Retail | Year Built | 1950 |
| Gross Internal Area | 5,000 SF |
| Property Type | Retail |
| Gross Internal Area | 5,000 SF |
| Year Built | 1950 |
About the Property
Excellent Opportunity to lease or buy Commercial property situated in the heart of Amagansett, in East Hampton Township. This 1.50 Acre property consists of 2 lots with over 200 feet of frontage that is home to a 5,000 SF former restaurant that allows seating up to 186 people. Within walking distance to the LIRR, the Village and just minutes to Ocean beaches this is the ideal location for use as restaurant, wine bar, brewery, convenience store, grocery, general store, furniture or design showroom or nearly any retail commercial use. Please contact the listing brokers for more details and information!
-
Power Broker Michael Murphy -
Douglas Elliman Commercial
Presented by
519-521 Montauk Hwy
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