Rare Opportunity To Continue Commercial Use or Residential Conversion
Since 1946, 1 S Midway Road has been home to an automative repair / engine repair / boat repair / barge repair / welding / car storage / boat storage business with a co-tenant art gallery & studio. This is a non-conforming business property that cannot be replicated! Commercial property on Shelter Island is rare, so there is great value in maintaining the current use or pursuing a residential redevelopment.
6,500sf Building
3.66 Acres
The footprint of the building cannot be increased but a second story can be added with a special permit. There is also potential for a rewarding residential conversion as an adjacent property on a lot size under 1 acre with a 5000sf home and pool just listed for $3.2 million.
Please inquire exclusively with the Hamptons Commercial RE Team for additional information.