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45 S Elmwood Ave 2,000 SF Retail Building Montauk, NY 11954 $3,210,616 CAD ($1,605.31 CAD/SF)
INVESTMENT HIGHLIGHTS
- Rare Asset in the Montauk Business District with Private Parking.
- Full basement with high ceilings enhances the operational usability.
- Located in the Central Business (CB) zoning, the property supports a wide range of commercial uses including retail, take-out food, personal services
EXECUTIVE SUMMARY
Montauk Retail Building & Laundromat Business
Rare Asset in the Business District with Private Parking
Core Commercial Location in Montauk – Positioned just below the traffic circle and only one block away from the beach, this 2,000sf single-story building sits on a 0.07-acre parcel in the heart of Montauk’s Downtown Business District. The site boasts private front and rear parking, large display windows, and strong pedestrian / vehicle presence — making it one of the most strategically located retail assets in the area. Full basement with high ceilings enhances the operational usability.
CB Zoning With Valuable Repositioning Potential – Located in the Central Business (CB) zoning district, the property supports a wide range of commercial uses including retail, take-out food, personal services, professional office, workshops, and gallery space. With existing wastewater capacity, the site may also be eligible for restaurant conversion — subject to required studies and approvals — a use in high demand throughout Montauk.
Laundromat Business Available With Real Estate – Currently operating as a fully upgraded laundromat, the property may also be purchased with the existing business operation in place. With 43 machines and no competing facilities for over 13 miles, the My Sunny Laundry Montauk Laundromat serves a critical need for locals, visitors, and seasonal hospitality staff. Laundromats remain one of the most sought-after acquisition categories in small business investment — offering stable cash flow, low staffing requirements, and recession-resistant demand.
Rare Asset in the Business District with Private Parking
Core Commercial Location in Montauk – Positioned just below the traffic circle and only one block away from the beach, this 2,000sf single-story building sits on a 0.07-acre parcel in the heart of Montauk’s Downtown Business District. The site boasts private front and rear parking, large display windows, and strong pedestrian / vehicle presence — making it one of the most strategically located retail assets in the area. Full basement with high ceilings enhances the operational usability.
CB Zoning With Valuable Repositioning Potential – Located in the Central Business (CB) zoning district, the property supports a wide range of commercial uses including retail, take-out food, personal services, professional office, workshops, and gallery space. With existing wastewater capacity, the site may also be eligible for restaurant conversion — subject to required studies and approvals — a use in high demand throughout Montauk.
Laundromat Business Available With Real Estate – Currently operating as a fully upgraded laundromat, the property may also be purchased with the existing business operation in place. With 43 machines and no competing facilities for over 13 miles, the My Sunny Laundry Montauk Laundromat serves a critical need for locals, visitors, and seasonal hospitality staff. Laundromats remain one of the most sought-after acquisition categories in small business investment — offering stable cash flow, low staffing requirements, and recession-resistant demand.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
C
Year Built
1985
Price
$3,210,616 CAD
Price Per SF
$1,605.31 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.07 AC
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0300-049-00-04-00-040-000 | Improvements Assessment | $9,937 CAD |
| Land Assessment | $705 CAD | Total Assessment | $10,642 CAD |
PROPERTY TAXES
Parcel Number
0300-049-00-04-00-040-000
Land Assessment
$705 CAD
Improvements Assessment
$9,937 CAD
Total Assessment
$10,642 CAD
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45 S Elmwood Ave
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