30 Race Lane, East Hampton, NY 11937

East Hampton Village Commercial Opportunity with Potential

A rare opportunity to own one of East Hampton Village's most versatile commercial properties, 30 Race Lane combines exceptional visibility, flexible Manufacturing zoning, and compelling value-add potential in one of the Village's most active commercial corridors. Positioned just moments from Newtown Lane and the train station, and surrounded by established destinations including Grindstone Coffee, Hampton Market, M&R Deli, Sam's Beverage, and Riverhead Building Supply, this is a property where location and opportunity converge. Set on 0.19 acres, the offering includes two separate buildings connected by a central parking area with approximately four on-site spaces. The recently renovated 500± square foot office building features exposed beams, central air conditioning, gas heat, two rooms, and a half bath, creating an inviting workspace ready for professional use. The approximately 1,500± square foot metal building offers double-height ceilings and overhead doors, making it ideal for warehouse, workshop, light manufacturing, storage, or contractor operations. The Manufacturing zoning allows for a wide range of permitted uses, including professional office, retail, personal services, printing, garden center, and light manufacturing, offering exceptional flexibility for investors, owner-users, and entrepreneurs alike. The central parking area also presents an opportunity for outdoor retail or garden center displays, further enhancing the property's commercial appeal. Both buildings are currently leased under triple net agreements, with tenants responsible for taxes and repairs. Existing rental income has been historically below market, providing a clear opportunity for future income growth through lease repositioning and creating an attractive value-add investment in a market where commercial inventory is exceptionally limited. Whether you're seeking a strategic investment, a headquarters for your business, or a property with long-term redevelopment and income potential, 30 Race Lane represents one of the Village's most compelling commercial offerings.