$1,100,000
$1,298,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
2,200 SqFt
SOLD DATE : 12/14/2021
Key Details
Sold Price $1,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $500
MLS Listing ID L3316547
Year Built 1965
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., Additional information: Rental Income:N, Building Size:2200
Location
State NY
County Suffolk County
Building
Story 1
Others
Special Listing Condition None
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Bought with Kerrigan Country Realty
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