The asking price is $3.5 million. Hal Zwick and Jeff Sztorc of Hamptons Compass Commercial have the listing. Located on one of East Hampton Village’s most recognizable commercial corridors, a mixed-use building has come to market with Hamptons Compass Commercial.

The 2,245-square-foot main building has prominent visibility at 98 Newtown Lane, with an existing multi-tenant configuration and is surrounded by neighbors like Wittendale’s Garden Center, the UPS Store, Hampton Chutney and Riverhead Building Supply.

“This is a rare asset within beautiful and historic East Hampton Village,” says Sztorc. “If we look at the downtown landscape, we can only count on one hand how many of these properties exist. A niche within a niche — 98 Newtown is a rare mixed-use opportunity to buy into the village at a reasonable price.  The demand for these buildings is high due to a wide variety of use applications and can make sense for an owner/operator, live/work setup, or an investor looking for rental income.” See full article below.