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342 Montauk Hwy 29,714 SF Industrial Building Wainscott, NY 11975 $12,216,289 CAD ($411.13 CAD/SF)
Investment Highlights
- Extensive Highway Frontage
- Multiple Natural Divisions
- Prime, Central Location
- Owner Operator / Investment Property
Executive Summary
Long Standing business and real estate which includes 4 buildings covering .62/acre. Located on Montauk Highway in Wainscott – convenient to all East End communities. The four buildings and covered area in-between total over 27,000 square feet and the three warehouse buildings have ceiling heights between 19’ and 29’. The site is zoned for moving and storage allowing a buyer to transform the site to a general storage facility to capitalize on additional income potential or maintain the business as is which includes: storage, viewing of stored items, long distance & local moving and packing & crating. Current staff includes a General Manager, 3 office people and 8 movers. Upkeep of the site is relatively low and the Real Estate taxes are only $15,000/year.
Property Facts
| Price | $12,216,289 CAD | Lot Size | 0.69 AC |
| Price Per SF | $411.13 CAD | Rentable Building Area | 29,714 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1963/1990 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C |
| Price | $12,216,289 CAD |
| Price Per SF | $411.13 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.69 AC |
| Rentable Building Area | 29,714 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1963/1990 |
| Tenancy | Single |
Amenities
- Skylights
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 0300-197-00-02-00-016-000 | Improvements Assessment | $35,311 CAD |
| Land Assessment | $1,698 CAD | Total Assessment | $37,009 CAD |
Property Taxes
Parcel Number
0300-197-00-02-00-016-000
Land Assessment
$1,698 CAD
Improvements Assessment
$35,311 CAD
Total Assessment
$37,009 CAD
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342 Montauk Hwy
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