130 North Main Street, East Hampton, NY 11937

Investment opportunity with 58 feet of commercial building frontage on high-traffic street in prime East Hampton location. The renovated 7,400+/- sq. ft. building comprises 3,700+/- sq. ft. of ground level retail space, and an additional 3,700+/- sq. ft. of residential income on the second floor. The former bank tenant vacated and is paying rent under a triple net lease ending March 2021. This is a fantastic, turnkey opportunity for a bank to move right into the space, for sale or lease. It is currently fully equipped with bank teller counters, a vault, safety deposit boxes, a break room, bathrooms, storage areas and offices. The property spans three separate addresses and is easily sub-dividable to 1,200/2,500+/- sq. ft. Many other usages are possible - formerly Mary Jane's restaurant. Upstairs are two light-filled apartments, updated to the highest standards and with skylights, fireplaces, and lots of charm.The rear apartment has a new balcony and stairs that lead down to a lovely patio and garden. There is parking behind the building for five or six cars. Located in-town, just blocks to the heart of the Village, near many restaurants and shops. Minutes to ocean beaches. Conveniently located near the Hampton Jitney stop. The cap rate is 5.66%, and increased income potential with short term seasonal rentals. Owner is ready to sell, and would consider a possible 1031 exchange.