59 Montauk HwyWesthampton, NY 11977

For Sale
$4,500,000

Historic Waterfront Mixed-Use Property

Overview

Added:
Feb 3
Days on market:
38
This exceptional mixed-use property presents a rare investment opportunity on the market for the first time in its history. Located at 59 Montauk Highway in Westhampton, NY, this unique offering encompasses approximately 1.5 waterfront acres with roughly 232 feet of frontage on Beaver Dam Creek. The centerpiece is Casa Basso, a well-established Italian restaurant operating continuously since its inception 91 years ago. The current owner, who acquired the business in 1986, is now offering this turnkey operation for sale. Adding significant value is a captivating castle, constructed in 1906 by renowned sculptor and potter Theophilus Brouwer, whose works are included in the Smithsonian's permanent collection. This historic structure features ground floor retail space ideally suited for the restaurant's continued operation or alternative commercial ventures. The upper two floors comprise residential studios, each boasting breathtaking waterfront views. The property's Highway Business zoning allows for a variety of uses, making it an attractive proposition for both seasoned investors and those seeking a unique blend of commercial and residential potential. This is a truly one-of-a-kind opportunity to acquire a piece of Westhampton's rich history and vibrant culinary scene. The asking price is $4,500,000.

Property Details for 59 Montauk Hwy

Property type
Mixed-use properties, Other mixed-use properties
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Westhampton
County
Suffolk
State
New York
Latitude
40.82123
Longitude
-72.66269
59 Montauk Hwy, Westhampton, New York

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59 Montauk Hwy
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