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63 S Euclid Ave
1,800 SF of Retail Space Available in Montauk, NY 11954
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 1,800 SF | Negotiable | £78.25 /SF/PA £6.52 /SF/MO £842.22 /m²/PA £70.19 /m²/MO £140,841 /PA £11,737 /MO | Triple Net |
1st Floor
Montauk’s Oldest Restaurant Iconic 1,800sf freestanding bar & restaurant strategically located on a main road in the heart of Montauk. The kitchen & fully renovated dining room / bar are all turn-key. Outdoor dining areas were relandscaped for a more immersive experience. This 0.29-acre lot also features a six bedroom staff house that can be leased separately. A community staple & fixture of Montauk’s many events / festivals. $180,000/ year + NNN Base Rent $450,000 Key Money SURROUNDING TENANTS: Memory Motel, Hampton Coffee, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, Sel Rose Montuak, Montauk Brewing Co.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Kitchen
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Shower Facilities
- Basement
- Wooden Floors
- Yard
- Smoke Detector
- Montauk's Oldest Restaurant
- Fully Renovated Dining Room & Bar
- Extensive Outdoor Dining
- Prime Downtown Location
- 6-Bedroom Staff House
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 63 S Euclid Ave , Montauk, NY 11954
Property Type | Retail | Year Built | 1927 |
Property Subtype | Restaurant | Parking Ratio | 7.78/1,000 SF |
Gross Internal Area | 1,800 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Internal Area | 1,800 SF |
Year Built | 1927 |
Parking Ratio | 7.78/1,000 SF |
About the Property
Montauk’s Oldest Restaurant Iconic 1,800sf freestanding bar & restaurant strategically located on a main road in the heart of Montauk. The kitchen & fully renovated dining room / bar are all turn-key. Outdoor dining areas were relandscaped for a more immersive experience. This 0.29-acre lot also features a six bedroom staff house that can be leased separately. A community staple & fixture of Montauk’s many events / festivals. $180,000/ year + NNN Base Rent $450,000 Key Money SURROUNDING TENANTS: Memory Motel, Hampton Coffee, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, Sel Rose Montuak, Montauk Brewing Co.
- Restaurant
Nearby Major Retailers
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63 S Euclid Ave
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