76 South Elmwood Avenue, Montauk, NY 11954

Prime Mixed-Use Commercial/Residential Opportunity in Montauk

An exceptional opportunity to own a versatile mixed-use property in the heart of Montauk, just 200 steps from the ocean with breathtaking sunrise and sunset views. Situated on 0.19 acres, this 2,723 SF, two-story building offers the rare combination of commercial potential and modern residential living - ideal for investors, entrepreneurs, or end-users seeking both lifestyle and income in one of the East End's most coveted locations. Originally built in 1963, the property underwent a comprehensive renovation in 2023, blending updated finishes with solid construction. A newly constructed apartment, completed in 2024, adds significant value and flexibility - perfect for owner occupancy, staff housing, or strong rental income potential. The property features three full baths and thoughtfully designed space across two levels, allowing for a variety of commercial uses while maintaining comfortable, contemporary residential accommodations. With the Atlantic Ocean just steps away and Montauk's vibrant shops, restaurants, and beaches nearby, this property offers the ultimate live/work coastal experience. Opportunities that combine location, flexibility, recent renovations, and ocean proximity are increasingly rare. Whether you envision retail, office, gallery, hospitality, or a dynamic live/work concept, this property delivers exceptional potential in one of Montauk's most sought-after settings.