367 Butter Ln

Bridgehampton, New York 11932

$8,995,000
4
beds
4
Baths
1
Half Bath
Commercial

Property Description

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This multi-use designated both commercial and residential property, can house a wide range of unique business and retail space attracting multiple streams of income. The main building is over 18,000 sqft, with its steel I-beam reinforcements running under the floorboards and high-leg delta 3 phase electrical service with new switch gear and a 26-strand fiber cable of Verizon fiber backbone added in 2020. Additional modern upgrades include 17,000-watt solar panel system completed in 2020 and interior renovations while keeping its exclusively vintage 1940s architectural design. There are also 4 separate pre-existing non-conforming residential cottages with a 100% occupancy. This 1.95 acre zoned cr-80 has town water and is central to all, just minutes away from high traffic Bridgehampton commercial districts, LIRR station, and surrounded by high net-worth residential, commercial and agricultural real estate making this an extraordinary investor opportunity.
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PROPERTY DETAILS

  • Interior
    18,322 Sq Ft.
  • Exterior
    1.95 Acres
  • Property Type
    Commercial
  • MONTHLY REAL ESTATE TAX
    $451
  • ANNUAL REAL ESTATE TAX
    $5,407
  • Year Built
    1945
  • MLS/Listing ID
    H356575

Amenities

  • Central Air Conditioning
  • Solar Panels
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
  • Backyard
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