45 S Elmwood Avenue , Montauk, NY 11954

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Property Description

Set in the heart of Montauk, the location benefits from one of the East End's most recognizable year-round and seasonal destinations. Positioned one block from the beach and directly below the main traffic circle, the area sits along a prime beach-town pedestrian corridor and experiences strong vehicle traffic at the main circle. Montauk is known for its vibrant downtown, established hospitality scene, and steady flow of visitors drawn to its beaches, marinas, restaurants, and retail corridors. Nearby points of interest include Kirk Park Beach, the Montauk Point Lighthouse, Lake Montauk, and the Long Island Rail Road's Montauk station. The area is also known for popular dining and gathering spots such as The Surf Lodge and Gosman's Dock. For an investor, Montauk offers irreplaceable coastal retail in one of the most supply-constrained markets in the Hamptons, with destination traffic, visibility, and a distinct identity that continues to attract locals and visitors alike. An exceptional opportunity to acquire a 2,800 SF retail building with a full basement on an approximately 0.07 acre lot in Montauk. The property includes an operating laundromat and is offered with fee simple ownership, creating a compelling investment without landlord risk.

45 S Elmwood Avenue | MLS# 1056133

This commercial property located at 45 S Elmwood Avenue , Montauk, NY 11954 is currently listed for sale with an asking price of $2,995,000. S Elmwood Avenue is located within the East Hampton school district. Search Montauk real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Yes
Basement: Full
Cooling: Wall/Window Unit(s)
Heating: Propane
Lot Size: 0.08 Acres
Taxes: $9,167

Feature Descriptions

Building Area Total: 2800
Business Type: Laundromat
Days on Site: 7
Exterior: Brick
Heating Zones: 2
On Market Date: 2026-09-28
Parcel Number: 0300-049-00-04-00-040-000
Parking Features: Private
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Cesspool
Utilities: Electricity Connected, Propane
Water: Other

Local Schools

High School: East Hampton High School
Middle School: East Hampton Middle School
Elementary School: Montauk School
School District: East Hampton

Demographics

Listed By / Shown By

Listing By

Agency Name: Hedgestone Commercial Rlty LLC
Agency Phone: 855-733-3188

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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