Westhampton Beach, NY 11978,10 Mitchell RD
$1,298,000
Est.Price: ?

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5,227 Sqft Lot

10 Mitchell RD Westhampton Beach, NY 11978

Est. payment /mo
SOLD DATE : 12/14/2021

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3316547

Sold Date 12/14/21

Originating Board onekey

Year Built 1965

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Westhampton Beach - world renown oceanfront resort community. First time offered - owner occupied since purchased in 2013. Popular and well attended dance studio in turnkey mint condition. Located 1 block from the WHB Performing Arts Center. The studio would make a wonderful health & wellness center, yoga, meditation, fitness, or day spa. Other permitted uses - retail, food, cafe, restaurant, take-out, bakery, professional office, and much more. On-site private parking lot, public parking on the street. Property would make a fine income producer. Rental income projected to be around $94,000 triple net - a 7.24 cap rate. Westhampton Beach is undergoing a wonderful transformation. Directly across the street a new boutique hotel is under construction. Main Street has been made even more pedestrian friendly with wider sidewalks and underground utilities. City sewers are being installed to help the environment and expand commercial opportunities. Call for more info.

Location

State NY

County Suffolk

Zoning BC-1

Interior

Fireplace N

Exterior

Total Parking Spaces 11

Building

Story 1

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Listed by East End Commercial R E • 516-810-0900
Bought with Kerrigan Country Realty

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Duwayne Garth

EXP Realtor - BTRE Founder | License ID: 104001235738

+1(917) 525-3207

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