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About This Home

This 0-bedroom, 0-bathroom commercial at 136 & 11 Main St., & Indian Wells Hwy in Amagansett, NY is listed for $19,000,000. on a 2.29 acres lot.

Agent Description

2.29-Acres | 2 Properties | 16,920 GSF | 14 Leasable Units - Elite Investment Portfolio w/ Potential 3,600 SF Expansion Plan. - UNLOCK A LEGACY HAMPTONS FOOTPRINT - Secure the largest contiguous commercial footprint available in the Amagansett Town Center, a 2.287-acre assemblage that defines the gateway to the community.

This multi-asset portfolio offers 16,920sf of existing mixed-use space; high-traffic retail, cafe/dining retail, professional office suites, & rare garage/ art gallery capacity in the Central Business district. With Amagansett's increasing demand for boutique retail, office, & restaurant space, this assemblage's diverse tenant roster provides immediate stability with repositioning potential.

- 136 MAIN STREET - Occupying a prominent 1.099-acre parcel with 115 feet of street frontage, this prized 8,019sf Main Street anchor offers 10-units as built. The structure features prime retail stores, professional second-floor offices, and a 2,371sf industrial automotive center in the rear, serviced by a parking lot with ample spaces.

This "investor's dream" thrives on tenant diversity and the high demand for smaller retail units in the most vibrant, young, and trending community in the Hamptons. - 11 INDIAN WELLS HIGHWAY - A 8,901sf three-story, mixed-use commercial facility situated on 1.188-acres.

This unique 4-unit hub features a high-utility 2,877sf walk-out lower level with grade-level dual door access, a 3,180sf first floor with a multi-faceted floor plan (including a 1-bed apartment), & a 2,844sf second floor accessible via a central elevator and multiple staircases.

The property is complemented by a paved 33-space parking lot and manicured grounds, currently serving as a premier gallery & professional studio, but with a distinguished history of business uses. - ACCELERATED GROWTH AND DEVELOPMENT OPPORTUNITY - A proposed site plan would add a new building on the two-sites and combine the parcels.

Additional repositioning routes include a cafe restaurant, destination retail or elite fitness center - barring all necessary approvals. - SURROUNDING TENANTS: Jack's Stir Brew Coffee, Meetinghouse, Warm, Amagansett Hardware, Stephen Talkhouse, Rowdy Hall, Organic Krush. - Asking Price: $19,000,000 Inquire with the Hamptons Commercial RE Team for additional information.

Key Features

  • 2.29 acre lot

Monthly Cost Estimate

$101,616/mo

20% down · 6.5% · 30 years

Principal$13,741
Interest$82,333
Insurance$5,542

Estimates only. Actual payments may vary.

Location

136 & 11 Main St., & Indian Wells Hwy

Amagansett, NY 11930

Property Details

Parking

Garage

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 136 & 11 Main St., & Indian Wells Hwy is listed at $19,000,000. The estimated monthly payment is $82,333 based on 20% down at 6.5% interest.

Key features include: 2.29 acre lot.

This property is listed by Zoila Ortega Astorr and can be reached at 9173595702 or zoila.ortegaastorr@compass.com.

ZA

Zoila Ortega Astorr

Agent at Compass

(917) 359-5702

Listed by Compass · View on Broker Site

MLS# 11732791· Source: listhub· Updated 35 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

136 & 11 Main St., & Indian Wells Hwy, Amagansett, NY 11930

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