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For Sale

$849,000

491 Montauk Highway
Eastport, NY 11941

In the heart of revitalized Main Street, Eastport, and Just Minutes To The Hamptons, is this Wonderful Mixed Use Investment Opportunity! Prime Eastport Mixed-Use Building which Currently houses a Mexican Restaurant as its tenant. Prior to the current restaurant, it was a well-established pizzeria & deli. The Building features A Fully Equipped Kitchen with a Walk-In Freezer & Plenty Of Storage. There is presently a change of use application in process from a Mercantile to a Take Out Restaurant designation, which is near to completion, The main building also houses a Legal 1 Bed/1 Bath Apartment On The 2nd Flr, Providing Rental Income. Additional rental income exists. Property includes 10 Parking Spots And an Outbuilding. Wonderful growth potential with high visibility. The Fire Department and Eastport Elementary school are half a block away! Great value compared to other commercial properties recently sold and/or currently listed on the market on Main Street! Must see! Read More

Market Status
Available
Last Updated
July 1, 2022

Property Type
Commercial Property
Property Type
Commercial; Commercial-Other

Local Market Conditions

There are currently 2,624 properties for sale in the Suffolk County, NY area with the average listing price of $1,631,971. This represents an increase of +1.1% over the previous week. The 1 bedroom homes saw the largest increase in the average listing price over the previous week with a +9.3% increase. To learn more about the Suffolk County, NY area, contact a local expert!

Market Snapshot for Suffolk County, NY

Avg. Listing Price

$1,631,971

Wk ending Jul 2

$+18,258

+1.1%

w-o-w

2,624

35

10

10

Average Listing Price for Suffolk County, NY
No. BedroomsNo. Beds Week Ending
(Jul 2)
w-o-w Week Ending
(Jun 25)
Week Ending
(Jun 18)
Week Ending
(Jun 11)
All PropertiesAll $1,631,971 +1.1% $1,613,713 $1,666,404 $1,649,500
1 bedroom1 BR $640,427 +9.3% $585,785 $354,764 $385,900
2 bedrooms2 BR $795,976 +0.9% $788,936 $801,693 $823,934
3 bedrooms3 BR $770,912 +1.0% $763,325 $772,271 $767,520
4 bedrooms4 BR $1,167,658 -0.3% $1,171,185 $1,211,602 $1,210,026

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Listing Provided By:

Susan Connelly

Coldwell Banker Beau Hulse Realty Group

Phone
This $849,000 Commercial Property at 491 Montauk Highway in Eastport, NY is presented by Susan Connelly. This $849,000 Commercial Property, located in the 11941 zip code, has the following property features: Property Type. This 491 Montauk Highway Commercial Property is listed under MLS listing number 3342678 and has a listing price of $849,000. You can find more Eastport homes for sale here.

Copyright © 2022 Coldwell Banker. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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