A vacant restaurant, situated between Bridgehampton and Sag Harbor, is on the market, asking $3.95 million. Hal Zwick and Jeffrey Sztorc of Hamptons Compass Commercial have the exclusive listing.
Formerly the Wild Rose Café and later Fresh Hamptons, the building at 203 Bridgehampton-Sag Harbor Turnpike, just south of Narrow Lane, is located one-third of a mile from Montauk Highway and downtown Bridgehampton.
“It’s truly a rare opportunity to buy a full-service restaurant building in Bridgehampton as most wet-use properties are held for long term,” Zwick and Sztorc say, adding there is a shortage of inventory for restaurants.
“The 100-seat restaurant underwent a ground-up gut renovation in 2014 making it one of the premier spaces for a food service group,” the agents say of the listing.
The two-story building offers 3,750 square feet of mixed-use space, bringing the price to $1,053 per square foot.
The main level features reclaimed wood floors and custom carpentry finishes, as well as a state-of-the-art kitchen. The full basement offers a legal prep area and hood system for baking. The patio area allows for outdoor dining.
On the second floor, there is a three-bedroom apartment.
The 0.6-acre property also boasts a dedicated parking lot and a storage building.
Records show the restaurant last traded for $3,050,000 in 2021. The owners are listed as Ljg Holdings LLC.
