120 North Sea Road
120 North Sea Road
$6,950,000
—
1
6,100
6,100
$1,139
Listed By Compass
Description
A truly rare generational asset available for the first time in over 3 decades! 120 North Sea Road in Southampton is the only site East of the Canal in the Hamptons where a supermarket or specialty market operator can come in and create their concept and be open for business in the 2023 season. The value lies within a rare usage (supermarket) that is grandfathered in. It's nearly impossible to open this type of business elsewhere in the Hamptons. It is in the Office District so with a change of use...A truly rare generational asset available for the first time in over 3 decades! 120 North Sea Road in Southampton is the only site East of the Canal in the Hamptons where a supermarket or specialty market operator can come in and create their concept and be open for business in the 2023 season. The value lies within a rare usage (supermarket) that is grandfathered in. It's nearly impossible to open this type of business elsewhere in the Hamptons. It is in the Office District so with a change of use to an approved use, other applications are possible including office usage, medical office, etc. The 6,000 SF ground level offers a wide open footprint and also includes a 1,150 SF refrigerated room in the rear along with loading dock and bays. This is complemented by a 3,700 SF lower level, which contains an office, commercial prep kitchen, & storage facility. The 1.25-acre site is within the Village and just outside the core retail business district; providing easy access, proximity to amenities like the Village U.S. Post Office, and a dedicated parking lot (~55 car spots, 2-4 truck spots, & 3 truck loading bays.) The building will be delivered vacant, which allows the next operator to create their own space and design. An easy process will allow a buyer to close quickly, plan, build and open for the 2024 season. The rear property, 99 Sanford Pl, is also being sold which creates a rare assemblage opportunity with the subject property. The same amount of acreage (1.25 acres) is on offer which if combined with 120 North Sea would achieve a 2.5 acre commercial compound. Currently 99 Sanford has a 3,600 sq ft office building in good condition asking $3,295,000. A unique opportunity in this much-in-demand category in one of the most sought-after communities in the Northeast. IN ADDITION: The site falls under Office District zoning which allows a change of use to all types of office use including medical. This a rare opportunity that will not last!
Listing Agents
Property Details for 120 North Sea Road
New Construction
No
Listing Typeexclusive
Unit TypeSingle Family
Near Train StationYes
Location
LISTING UPDATED: 04/29/2024 11:15 PM
Property Details for 120 North Sea Road
Status | For - Sale |
---|---|
MLS # | 376014 |
Days on Market | 217 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Home for Sale / Single Family |
Year Built | 1995 |
Lot Size | 1.25 AC |
County | Suffolk County |
Location
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Building Information for 120 North Sea Road
Stories-Year Built1995Building Size-Lot Size1.25 AC
Payment Calculator
$39,065 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 120 North Sea Road
Public Records for 120 North Sea Road
Taxable ValueLand$841,100Additions$1,273,900Total$2,115,000
Tax Record2020$13,634 ($1,136 / month)
Home Facts
Total Finished SqFt3,968 SqFtAbove Grade Finished SqFt3,968 SqFtStories2Lot Size54,450 SqFtStyleStoresYear Built1995ZoningVILLACountySUFFOLKAPN0904-005.00-03.00-025.000
Schools near 120 North Sea Road
This home is within Southampton Union Free School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Southampton Elementary School PublicPK to 4 | ||
Southampton High School Public9 to 12 | ||
Our Lady Of The Hamptons Regional Catholic School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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