Existing Retail, Office & Residential with Expansion Potential

Prominent Newtown Lane Location – Situated along one of East Hampton Village’s most recognizable commercial corridors, this 0.3-acre property offers a rare combination of existing income, redevelopment potential, and on-site parking—an exceptional find in the Village core. The site holds a commanding position on Newtown Lane with deeded access to Osborne Lane, ensuring both visibility and accessibility for tenants and patrons alike.

Existing Multi-Tenant Configuration – The 2,245sf main building holds a valid Certificate of Occupancy for three residential units and is currently configured as a dry retail store, professional office, and apartment. Adaptable layout supports a variety of uses, including live/work, retail, or professional, within the Village’s “Commercial” zoning district.

Site Plan for Additional Building – A proposed site plan allows for the removal of the existing three-car garage and the construction of a new, freestanding two-story commercial building totaling 852sf (426sf per floor). The proposed plan also expands on-site parking to 19 spaces—an unparalleled advantage in the Village market.

Rare East Hampton Investment Opportunity – With its existing mixed-use income, prime Newtown Lane frontage, and expansion potential through an approved second building, this property represents one of the few truly flexible investment offerings in the Village.

Asking Price: $3,500,000

Surrounding Neighbors:

Wittendale’s Garden Center, UPS, Hampton Chutney, Zakura Take-Out, The Sweet Spot, Riverhead Building Supply, Harper’s Books

Inquire with the Hamptons Commercial RE Team for additional information.