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716 Montauk Hwy 9,600 SF 67% Leased Retail Building Montauk, NY 11954 $9,975,000 ($1,039.06/SF)

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INVESTMENT HIGHLIGHTS

  • Iconic Main Street Retail Complex in the Heart of Montauk
  • Unbeatable Location with Maximum Visibility and Foot Traffic
  • Diverse Tenant Mix with a Strong Rent Roll

EXECUTIVE SUMMARY

Two-Story Multi-Tenant Asset – This 9,600sf building spans two floors on a 0.32-acre parcel, offering ample rear parking for both tenants and patrons. The property has been thoughtfully upgraded and features a striking, contemporary facade, standing out as one of the few large-scale commercial buildings in Montauk’s retail landscape.
Unmatched Main Street Presence – With 120 feet of frontage in the heart of Montauk’s retail shopping district, this building holds a commanding position in one of the most heavily trafficked areas of Montauk. Its visibility, access, and scale make it a rare investment opportunity in one of the Hamptons’ most active and iconic commercial markets.
Premier Retail Leasing Destination – This is the most sought-after retail space for tenants in Montauk, with consistent demand from top-tier local and regional operators. The current tenant mix includes long-standing restaurants, take-out food concepts, and lifestyle retailers, offering a well-balanced and diversified income stream.
Surrounding Businesses:
Memory Motel, Hampton Coffee Company, A Wave Inn Resort, Munch Box,
Muse @ The End, Aqualina Inn Montauk, Sel Rose Montauk, Sole East
Please inquire exclusively with the Hamptons Commercial RE Team for additional information.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,600 SF
Building Class
C
Year Built/Renovated
1997/2019
Price
$9,975,000
Price Per SF
$1,039.06
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.32 AC
Parking
43 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
120’ on Main St

AMENITIES

  • Bus Line
  • Courtyard
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Skyway
  • Accent Lighting
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,450-3,200 SF
  • Retail
  • -
  • Now

Montauk Business District’s Jewel Unique and highly sought after retail building in the middle of the Downtown on Main Street. Fantastic ground level 3,200sf of Dry Retail available for the first time in decades. Can be subdivided into two 1,450sf units at $9,750/mo + NNN. The location and mix of popular tenants make this one of the most visited sites in all of Montauk. SURROUNDING TENANTS: Memory Motel, Hampton Coffee, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, SelRose Montauk, Sole East

Space Size Space Use Position Available
1st Floor 1,450-3,200 SF Retail - Now

1st Floor

Size
1,450-3,200 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,450-3,200 SF
Space Use Retail
Position -
Available Now

Montauk Business District’s Jewel Unique and highly sought after retail building in the middle of the Downtown on Main Street. Fantastic ground level 3,200sf of Dry Retail available for the first time in decades. Can be subdivided into two 1,450sf units at $9,750/mo + NNN. The location and mix of popular tenants make this one of the most visited sites in all of Montauk. SURROUNDING TENANTS: Memory Motel, Hampton Coffee, A Wave Inn Resort, Munch Box, Muse @ The End, Aqualina Inn Montauk, SelRose Montauk, Sole East

NEARBY MAJOR RETAILERS

Chase Bank
Dime Community Bank
IGA Supermarket
Flagstar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0300-049-00-04-00-034-001
Land Assessment
$2,400
Improvements Assessment
$23,675
Total Assessment
$26,075
  • Listing ID: 35831027

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: 716 Montauk Hwy, Montauk, NY 11954

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