Exceptional Location in Southampton Village – Situated at the high-traffic corner of Hill Street and Windmill Lane, this 0.417-acre commercial property offers 19,805sf with unparalleled visibility and convenience in the heart of Southampton Village. This investment property was fully renovated and retenanted over summer 2024 and is now privately & exclusively available for sale off-market. 

Stabilized Investment With Refinement Opportunities – The offering features strong, multi-year leases with established local & regional tenants. The thoughtful repositioning of the site ensures immediate income stability while providing opportunities to gradually curate a mix of premium tenants, potentially integrating national brands, further enhancing its performance. 

Diverse Tenant Mix in Two Distinct Buildings – 

Corner Building (1-17 Windmill Lane / 1-9 Hill St): 

11,505sf across two stories. 

Seven ground floor retail tenants (fashion, fitness, salon, office, & food service) Two second-floor private executive office collections. 

One-Story Building (15 Hill Street): 

8,300sf with high ceilings. 

Anchored by two tenants; a natural foods market and a premium medical spa. 

Flexible Village Business Zoning – Located in the core Village Business district of Southampton Village, this property is zoned for a variety of uses, including retail, office, and service businesses, making it adaptable to evolving market demands. The site is fully integrated into the Village’s pedestrian-friendly layout with additional nearby parking options and street access points. 

Financials 

$1,317,200 NOI – All NNN Leases on Ground Floor – All a mix of 5 to 10 Year Leases 17 Tenants In Place – 95% occupancy – Full occupancy would yield a $1,400,000 NOI $4,000,000 CapEx Completed – Both Interior & Exterior Renovations 

Asking Price 

$21,900,000 Flexible Negotiations

Surrounding Businesses: El Verano, Rotations Bicycle Center, Hill Street Boxing, The UPS Store, Paul’s Italian, Southampton Cultural Center, Southampton Theatre, Gym Tech, Biba Clothing 

Inquire with the Hamptons Commercial RE Team for additional information.