463 W Lake Dr
Montauk, NY 11954
The Market at Montauk · Retail Property For Sale

TURN KEY COMMERCIAL INVESTMENT IN MONTAUK HARBOR Located in Montauk Harbor, this commercial multi-use property is an excellent opportunity in a prime east end location. This property is situated in a high foot traffic area, surrounded by hotels, popular waterfront restaurants, the ferry terminal, shops, and marinas. The building has two units on the ground level totaling 4,985+/- sq. ft. and twenty-eight parking spaces. The larger unit, The Market, is a 4,000 +/- sq. ft. turn key, grocery market and deli with one half bath, kitchen area, walk-in refrigerator, and private office. This unit underwent an extensive renovation in 2016 where the electrical, insulation, flooring, air conditioning, mechanicals, kitchen equipment, and much more were updated. The second unit is 1,000+/- sq. ft. and is currently setup as a bike shop with a showroom and half bath. A pre-existing drive-through window, could also be incorporated into the new owners business plan. The second level has 3,000+/- sq. ft. of dry storage space with expansion possibilities. The property is zoned Central Business which allows a wide variety of commercial uses such as restaurants, offices, retail and personal services.