136 & 11 Main St., & Indian Wells Hwy, Amagansett, NY 11930
New

$19,000,000
Active for Sale
 
Listing ID 931899
Property Type Commercial Building
Township East Hampton
Hamlet Amagansett
Tax ID 0300-172.000-0006-006.001
FEMA Flood Map fema.gov/portal
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PREMIER AMAGANSETT COMMERCIAL ASSEMBLAGE 136 MAIN ST & 11 INDIAN

2.29-Acres | 2 Properties | 16,920 GSF | 14 Leasable Units - Elite Investment Portfolio w/ Potential 3,600 SF Expansion Plan. - UNLOCK A LEGACY HAMPTONS FOOTPRINT - Secure the largest contiguous commercial footprint available in the Amagansett Town Center, a 2.287-acre assemblage that defines the gateway to the community. This multi-asset portfolio offers 16,920sf of existing mixed-use space; high-traffic retail, cafe/dining retail, professional office suites, & rare garage/ art gallery capacity in the Central Business district. With Amagansett's increasing demand for boutique retail, office, & restaurant space, this assemblage's diverse tenant roster provides immediate stability with repositioning potential. - 136 MAIN STREET - Occupying a prominent 1.099-acre parcel with 115 feet of street frontage, this prized 8,019sf Main Street anchor offers 10-units as built. The structure features prime retail stores, professional second-floor offices, and a 2,371sf industrial automotive center in the rear, serviced by a parking lot with ample spaces. This "investor's dream" thrives on tenant diversity and the high demand for smaller retail units in the most vibrant, young, and trending community in the Hamptons. - 11 INDIAN WELLS HIGHWAY - A 8,901sf three-story, mixed-use commercial facility situated on 1.188-acres. This unique 4-unit hub features a high-utility 2,877sf walk-out lower level with grade-level dual door access, a 3,180sf first floor with a multi-faceted floor plan (including a 1-bed apartment), & a 2,844sf second floor accessible via a central elevator and multiple staircases. The property is complemented by a paved 33-space parking lot and manicured grounds, currently serving as a premier gallery & professional studio, but with a distinguished history of business uses. - ACCELERATED GROWTH AND DEVELOPMENT OPPORTUNITY - A proposed site plan would add a new building on the two-sites and combine the parcels. Additional repositioning routes include a cafe restaurant, destination retail or elite fitness center - barring all necessary approvals. - SURROUNDING TENANTS: Jack's Stir Brew Coffee, Meetinghouse, Warm, Amagansett Hardware, Stephen Talkhouse, Rowdy Hall, Organic Krush. - Asking Price: $19,000,000 Inquire with the Hamptons Commercial RE Team for additional information.
Property Details
  • 16920 SF (Total)
  • 2.29 Acres
Unit Information

No unit information was entered.

Exterior Features
  • South of the Highway
Commercial Info
  • Uses: Retail / Office / Modified Mixed-Use
Listed By
Compass
Compass
Compass
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