Water Mill - Beach Property For Sale #5529192

Highway Commercial Property - A rare opportunity to own a highly recognized Hamptons commercial property. Offering 320 feet of prime highway frontage, this iconic commercial site has seen generations of cars pass on their way through the Hamptons, giving you the potential to become the nameplate of this Water Mill cornerstone. Grandfathered Commercial History - With a 2004 Zoning Variance protecting its commercial operations in a CR40 residential zone, this property remains a haven for business operations. The auto repair garage, gasoline sales, vehicle sales/leasing- are all protected uses for the site, but the mix of office, warehouse, residential are desired by a variety of East End businesses. Versatile Structures - The ~1,400sf main showroom features a beautiful retail and client area on the first floor and a ~1,100sf second-floor apartment. There is also an attached ~1,100sf quad-bay warehouse garage. The grade of the property slopes down along Windmill Lane which not only provides ground-level access to the basement of the main building, but also leads to the property's separate rear yard. This gated yard boasts a ~1,400sf dual bay warehouse garage for expanding operations, accommodating a larger inventory, or a separate business entity. Unbeatably Visible Corner Lot - Located at the junction of Montauk Highway and Windmill Lane, the 0.68-acre property benefits from a landmark corner lot position next to 4 acres of preserved land on the highway between Water Mill, Bridgehampton, Sag Harbor. Surrounding Neighbors: Rever Motors, Hertz Car Rental, Bridgehampton PSEG, Ray Smith Associates, The Milk Pail, Atlantic Golf Club, The Bridge Golf Club $4,500,000