Commercial Building on Main Street

Montauk, NY
Offered at
$1,999,000.
%rick solano %www.montaukhouse.com
IN Number: IN# 22713
Bedrooms: 3
Bathrooms: 3
Lot Size: .09 Acres
Property Type: Commercial
Property Features: Basement, Central Air Conditioning
Description:

Commercial Property on Main Street, Home to the famous John’s Pancake house. 15 Year lease, 13 years left, 5 years @ $6,000.00 per month, remaining ten years $240.00 increase per year, $6,240.00 per month 6th year, $6,480.00 per month 7th year, $6,720.00 per month 8th year …….etc. Restaurant seats 49, pays all utilities and inside repairs, full basement, 2.5 baths, Barber shop – 1 bathroom – approx 500 sq. ft. – no lease – $1,200.00 per month, new roof, new windows in apartment, new deck. Pest control paid by restaurant. Best time to set up appointment is 3:00 PM any day with notice.  $1,999,000.

Rick Solano
631-987-7038
Rick@atlanticbeachrealtygroup.com