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63 S Euclid Ave
1,800 SF Retail Building Montauk, NY 11954 $4,695,000 ($2,608/SF)
Investment Highlights
- Montauk's Oldest Restaurant!
- Main Road Visibility & Frontage
- Extensive Outdoor Dining
- Central Downtown Location
- Newly Renovated Interior
- 6 Bedroom Staff House
Executive Summary
This iconic +/- 1,800 SF Turnkey Restaurant is strategically located in the heart of Montauk, surrounded by all of the amenities the beachfront town has to offer. Situated on a 0.29-acre lot, this property is located within the heart of the heavily trafficked business district. Corner location with 140 feet of frontage S. Euclid Avenue. One of the only sites allowing for dining to nightlife.
This property has occupancy for +/-120 people between the interior and exterior patio. Ample indoor and outdoor seating for four seasons. The entire property was extensively updated inside and out. Features a rustic beach vibe for the classic Montauk style. Includes a detached 6-bedroom house that is currently used for staff housing.
Lot offers parking for +/- 20 vehicles. Ideal turnkey restaurant opportunity! Montauk is a premier destination year-round for high end consumer spending. With luxury resorts surrounding the village, this is the ideal opportunity for investor or end user.
-Iconic Restaurant -Renovated Interior -Fully Equipped Kitchen -6 Bedroom House
-56 Interior Seats -Room For Events -230 Ft Road Frontage -+/- 1,800 SF on .29-Acres
-Heart of Montauk -Two Exterior Patios -CB Zoning - $8,132 Tax -Walk In Fridge/Freezer
Inquire with the Hamptons Commercial RE Team for additional information.
Property Facts
Amenities
- Restaurant
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,800 SF | Restaurant | - | Now |
1st Floor
| Size |
| 1,800 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,800 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
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.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0300-049-00-01-00-008-000 | Improvements Assessment | $7,000 |
| Land Assessment | $1,300 | Total Assessment | $8,300 |
PROPERTY TAXES
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63 S Euclid Ave
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