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42 E Montauk Hwy

Hampton Bays, NY 11946
  • $399,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 3452174
UPDATED: 38 min ago
$399,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

RARE OPPORTUNITY to acquire one of the HAMPTONS most popular and longest running traditional Italian Ristorante in the HAMPTONS! - ORIGINAL OWNER RETIRING after ~50+ years of successful business in the same Hampton Bays township - housing the highest year round residents in the HAMPTONS - in addition to voluminous Seasonal and Shoreline visitors. Traditional Recipes (imported direct from Italy) have made this HAMPTONS destination a "must visit" to both locals and tourists alike. Restaurant is located on direct Commuter and Pedestrian Corridor, with prime signage on more than 3 separate locations and on both MAIN ST. and PONQUAGUE AVE, which are two of the heaviest traveled V.P.D. corridors East of the Shinnecock Canal. In addition, establishment is directly across from GOOD GROUND RD. which includes MTA LIRR Station - which also is the site of the HAMPTONS SAN GENNARO FEAST, CAR SHOWS, the HAMPTONS CARNIVAL and MANY other TOWN of SOUTHAMPTON SPONSORED EVENTS (See schedule). Also adjacent to TOWN of SOUTHAMPTON OFFICES. Traditional interior with over ~2,000 Sq. Ft. of well lit, interior dining space. Restaurant delivered with Full turn key kitchen, lighted display cases, P.O.S. Systems and Multiple Ovens - including a BRICK OVEN for pastries or other samplings. Fine Linens included for windowed formal Dining Room. Many preferred vendor accounts with area SCHOOLS, BUSINESS' and AREA EVENTS & CONCERTS. NEW GOOD GROUND PARK (w/ Bandshell) is 2 min. away, with new expansion planned! Gross receipts over $1.3m - with room to grow! No Advertising or Marketing Plan currently exists. Below Market long term lease. Parking for over 180 Vehicles. ** OWNER FINANCING AVAILABLE - CALL FOR DETAILS

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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2023-01-28T11:17:51.727.
www.buyhudsonvalley.com/homes/136009793
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42 E Montauk Hwy Hampton Bays, NY 11946

  • Price: $399,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 38 min ago
  • MLS #: 3452174
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Southampton
County:
Suffolk
Area:
Southampton
Property Description
RARE OPPORTUNITY to acquire one of the HAMPTONS most popular and longest running traditional Italian Ristorante in the HAMPTONS! - ORIGINAL OWNER RETIRING after ~50+ years of successful business in the same Hampton Bays township - housing the highest year round residents in the HAMPTONS - in addition to voluminous Seasonal and Shoreline visitors. Traditional Recipes (imported direct from Italy) have made this HAMPTONS destination a "must visit" to both locals and tourists alike. Restaurant is located on direct Commuter and Pedestrian Corridor, with prime signage on more than 3 separate locations and on both MAIN ST. and PONQUAGUE AVE, which are two of the heaviest traveled V.P.D. corridors East of the Shinnecock Canal. In addition, establishment is directly across from GOOD GROUND RD. which includes MTA LIRR Station - which also is the site of the HAMPTONS SAN GENNARO FEAST, CAR SHOWS, the HAMPTONS CARNIVAL and MANY other TOWN of SOUTHAMPTON SPONSORED EVENTS (See schedule). Also adjacent to TOWN of SOUTHAMPTON OFFICES. Traditional interior with over ~2,000 Sq. Ft. of well lit, interior dining space. Restaurant delivered with Full turn key kitchen, lighted display cases, P.O.S. Systems and Multiple Ovens - including a BRICK OVEN for pastries or other samplings. Fine Linens included for windowed formal Dining Room. Many preferred vendor accounts with area SCHOOLS, BUSINESS' and AREA EVENTS & CONCERTS. NEW GOOD GROUND PARK (w/ Bandshell) is 2 min. away, with new expansion planned! Gross receipts over $1.3m - with room to grow! No Advertising or Marketing Plan currently exists. Below Market long term lease. Parking for over 180 Vehicles. ** OWNER FINANCING AVAILABLE - CALL FOR DETAILS
Exterior Features

Business Parking Spaces 200 Parking Total 180.00

Property Features

Business Age 50 Business Name Uncle Joe's Italian Restaurant Business Type Restaurant Cross Street Ponquogue Ave. Property Sub Type Retail

Listing courtesy of Todd Romano of Hampton Estates Realty Llc: 631-288-6333
© 2023 OneKey MLS. All rights reserved.


© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2023-01-28T11:17:51.727.
 
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Howard Hanna Rand Realty
229 Route 32
Central Valley NY, 10917