42 Montauk Hwy, Hampton Bays

42 Montauk Hwy

$399,000 | MLS#3452174

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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Property Facts

  • 0 Bedrooms
  • 0 Bathrooms
  • <1 Acres
  • 0 Sq.ft
  • Built in