Ownership: | Commercial |
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Type: | Commercial |
Area: | 5400 sq ft |
Price: | $5,395,000 |
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Annual Taxes: | $8,400 |
![]() | Licensed Real Estate Salesperson Mobile: +1631-793-1685 |
![]() | Licensed Real Estate Salesperson Phone: +1631-324-1050x4349 Mobile: +1516-361-1794 |
62 Park Place, East Hampton, NY 11937 Phone: +1631-324-1050 Fax: +1631-287-9261 |
Located in the heart of Southampton Village is this warm, easygoing family owned-operated restaurant that has been serving classic Italian fare for over 45 years. It boasts a warm, comfortable and inviting ambiance. The restaurant seats 99 people inside (66 in the main restaurant and 33 on the bar/smaller restaurant side) and 36 people outside on the covered patio for the warmer weather dining. This building is two storefronts with the option to turn it into two separate restaurants or a restaurant on one side and a bar on the other (this property is eligible for a liquor license). The street-level restaurant is approx 2,250 sq ft with an additional approx 3,150 sq ft basement complete with 3 additional commercial cooking, washing and prep areas as well as a freight elevator, large walk-in refrigeration, and sizable walk-in dry goods storage area. There are a variety of excellent opportunities for whoever purchases this property. This property has been approved to build apartments or additional restaurant seating over the restaurant with an upgraded septic system. Truly an investor's dream (6% cap)!. Call today for a private showing of this iconic and well located Southampton Village restaurant.
Located in the heart of Southampton Village is this warm, easygoing family owned-operated restaurant that has been serving classic Italian fare for over 45 years. It boasts a warm, comfortable and inviting ambiance. The restaurant seats 99 people inside (66 in the main restaurant and 33 on the bar/smaller restaurant side) and 36 people outside on the covered patio for the warmer weather dining. This building is two storefronts with the option to turn it into two separate restaurants or a restaurant on one side and a bar on the other (this property is eligible for a liquor license). The street-level restaurant is approx 2,250 sq ft with an additional approx 3,150 sq ft basement complete with 3 additional commercial cooking, washing and prep areas as well as a freight elevator, large walk-in refrigeration, and sizable walk-in dry goods storage area. There are a variety of excellent opportunities for whoever purchases this property. This property has been approved to build apartments or additional restaurant seating over the restaurant with an upgraded septic system. Truly an investor's dream (6% cap)!. Call today for a private showing of this iconic and well located Southampton Village restaurant.
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