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342 Montauk Hwy

29,714 SF Industrial Building Wainscott, NY 11975 $8,995,000 ($303/SF)

Investment Highlights

  • Extensive Highway Frontage
  • Multiple Natural Divisions
  • Prime, Central Location
  • Owner Operator / Investment Property

Executive Summary

Long Standing business and real estate which includes 4 buildings covering .62/acre. Located on Montauk Highway in Wainscott – convenient to all East End communities. The four buildings and covered area in-between total over 27,000 square feet and the three warehouse buildings have ceiling heights between 19’ and 29’. The site is zoned for moving and storage allowing a buyer to transform the site to a general storage facility to capitalize on additional income potential or maintain the business as is which includes: storage, viewing of stored items, long distance & local moving and packing & crating. Current staff includes a General Manager, 3 office people and 8 movers. Upkeep of the site is relatively low and the Real Estate taxes are only $15,000/year.

Property Facts

Price $8,995,000
Price Per SF $303
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.69 AC
Rentable Building Area 29,714 SF
No. Stories 1
Year Built/Renovated 1963/1990
Tenancy Single

Amenities

  • Skylights
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,500 SF
  • Industrial
  • -
  • Now

Custom Divisions Permitted - Mix-and-Match

  • 1st Fl - Building 2
  • 4,992 SF
  • Industrial
  • Full Build-Out
  • Now

-Warehouse - Building 2 - 4,992sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

  • 1st Fl - Building 3
  • 7,200 SF
  • Industrial
  • Full Build-Out
  • Now

-Warehouse - Building 3 - 7,200sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

  • 1st Fl - Building 4
  • 7,282 SF
  • Industrial
  • Full Build-Out
  • Now

-Warehouse - Building 4 - 7,282sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

  • 1st Fl - Enclosed Space
  • 1,427 SF
  • Industrial
  • Full Build-Out
  • Now

-Enclosed Space - 1,427sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

  • 1st Fl - Loading Dock
  • 3,723 SF
  • Industrial
  • Full Build-Out
  • Now

-Loading Dock - 3,723sf Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

  • 1st Fl - Office Suites
  • 2,590 SF
  • Industrial
  • Full Build-Out
  • Now

-Office Suites - 2,590sf Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

Space Size Space Use Condition Available
1st Floor 2,500 SF Industrial - Now
1st Fl - Building 2 4,992 SF Industrial Full Build-Out Now
1st Fl - Building 3 7,200 SF Industrial Full Build-Out Now
1st Fl - Building 4 7,282 SF Industrial Full Build-Out Now
1st Fl - Enclosed Space 1,427 SF Industrial Full Build-Out Now
1st Fl - Loading Dock 3,723 SF Industrial Full Build-Out Now
1st Fl - Office Suites 2,590 SF Industrial Full Build-Out Now

1st Floor

Size
2,500 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Building 2

Size
4,992 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Building 3

Size
7,200 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Building 4

Size
7,282 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Enclosed Space

Size
1,427 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Loading Dock

Size
3,723 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Office Suites

Size
2,590 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 2,500 SF
Space Use Industrial
Condition -
Available Now

Custom Divisions Permitted - Mix-and-Match

1st Fl - Building 2

Size 4,992 SF
Space Use Industrial
Condition Full Build-Out
Available Now

-Warehouse - Building 2 - 4,992sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

1st Fl - Building 3

Size 7,200 SF
Space Use Industrial
Condition Full Build-Out
Available Now

-Warehouse - Building 3 - 7,200sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

1st Fl - Building 4

Size 7,282 SF
Space Use Industrial
Condition Full Build-Out
Available Now

-Warehouse - Building 4 - 7,282sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

1st Fl - Enclosed Space

Size 1,427 SF
Space Use Industrial
Condition Full Build-Out
Available Now

-Enclosed Space - 1,427sf $35/sf/yr + NNN Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

1st Fl - Loading Dock

Size 3,723 SF
Space Use Industrial
Condition Full Build-Out
Available Now

-Loading Dock - 3,723sf Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

1st Fl - Office Suites

Size 2,590 SF
Space Use Industrial
Condition Full Build-Out
Available Now

-Office Suites - 2,590sf Custom Divisions Permitted - Mix-and-Match Inquire with the Hamptons Commercial RE Team for additional information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0300-197-00-02-00-016-000
Land Assessment
$1,250
Improvements Assessment
$26,000
Total Assessment
$27,250
  • Listing ID: 33268812

  • Date on Market: 9/22/2024

  • Last Updated:

  • Address: 342 Montauk Hwy, Wainscott, NY 11975

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