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363 Beach rd

8,160 SF Vacant Retail Building Hampton Bays, NY 11946 $7,450,000 ($913/SF)

Investment Highlights

  • 525 Person Capacity (150 indoor seats and 375 person outdoor bar)
  • Turn-Key, Newly Renovated
  • Outdoor Bar with Three Distinct Deck Areas With Water Views
  • Bayfront Restaurant / Bar with Sweeping Ocean Views
  • Three Distinct Dining Areas With Water Views
  • Take Out Window from a Secondary Interior Bar

Executive Summary

Welcome to 363 Beach Road, the most expansive restaurant and bar opportunity on the East End, offering an unmatched combination of stunning ocean / bay views, a renovated layout, & a prime location in the heart of the new "Hampton Bays." This venue is poised to be a focal point for both daytime & nighttime activities, drawing a vibrant crowd that is transforming the Hamptons scene.
With 8,160sf of space, including 3,391sf of indoor dining and 4,769sf of wraparound outdoor decking, the property offers an impressive 525-person capacity, making it ideal for high-volume concepts. Guests can enjoy 150 indoor seats and an expansive 375-person outdoor bar with breathtaking views of Shinnecock Bay, Shinnecock Canal, Atlantic Ocean, and Ponquogue Bridge. The venue’s unparalleled sunset views create the perfect backdrop for an unforgettable experience.
Situated directly across from the beach, this location provides a built-in clientele of beachgoers & tourists throughout the day, which seamlessly transitions into a vibrant nighttime scene. This incredible accessibility ensures a steady flow of patrons seeking both dining and leisure. The occupant can also lease the retail storefronts on the first floor; complementing the restaurant offerings creating additional business potential.
Whether it’s a private celebration, a corporate event, or a wedding, the venue offers versatile event spaces designed to accommodate a variety of occasions. Its spacious wraparound deck, multiple bars, and open dining areas are perfect for hosting spectacular private and public events.
Potential exists to retrofit the commercial fish processing & approximately 18 boat slips in the marina pending Town & DEC approvals.
Join the evolving Hampton Bays scene and make your mark with an iconic property designed for both luxury and high-capacity dining. This is truly a premier destination for those looking to create a one-of-a-kind culinary and entertainment experience.
Price Upon Request.
Please inquire with the Hamptons Commercial RE Team for additional information.
Property Tax ID #: 473689 364.000-0001-004.000
2023 Town Tax Bill: $41,974.60

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,160 SF
Year Built/Renovated
1990/2023
Price
$7,450,000
Price Per SF
$913
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Land Acres
1.34 AC
Zoning
RWB - a district that allows a variety of uses, including water-related and water-dependent recreational uses.
Parking
87 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0900-364-00-01-00-004-000
Land Assessment
$1,587,600
Improvements Assessment
$1,073,200
Total Assessment
$2,660,800
  • Listing ID: 29744328

  • Date on Market: 10/9/2023

  • Last Updated:

  • Address: 363 Beach rd, Hampton Bays, NY 11946

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