0.42 Acres of Commercial Land for Sale in Montauk, New York

685 Old Montauk Hwy Mtk, Montauk, NY 11954

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$7,250,000
0.42 acres
Active sale agoEst $78,392/mo

Located on the historic Old Montauk Hwy, 685 Old Montauk Hwy is a rare offering of an Inn, Restaurant, & Bar with ocean views only a short distance from the Downtown of Montauk. The grandfathered use of hotel suites makes this property impossible to replicate! The restaurant has an impressive main dining room, lounge area & bar. There is also an outdoor dining/ deck area with covered porches & picturesque views for all day enjoyment. This establishment has been galvanized as a go-to hot spot by locals and tourists alike. All day, all season appeal. The Inn occupies the second and third level of the building; boasting 11 rooms an stunning views of the ocean. Convenient access to the beach and the Downtown. Potential to reconfigure/optimize the rooms. The 0.43-acre site also features a detached garage and front/rear parking. A truly unique and established destination! Inquire with the Hamptons Commercial RE Team for additional information.

Property details

Coordinates
41.0271, -71.9631
Elevation
46 feet
MLS Number
MyStateMLS 11266450
Date Listed

Parcels

  • 0300-071.000-0002-007.000

This 0.42-acre property is located at 685 Old Montauk Hwy Mtk in Montauk, NY 11954 with latitude 41.0271 and longitude -71.9631. The property is currently available for sale for $7,250,000 with a price per acre of $17,261,905. Listing data is sourced from My State MLS # 11266450.

Verify sale details at the property source or contact Compass at (212) 913-9058.

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Listing checked and updated . Parcel data by Regrid.

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