Expand your Montauk retail empire with Martell’s and a gas station

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Ah, Martell’s. Time was a young Hamptons Hot Sheet editor would ride her pennyfarthing downtown to this shop to purchase molasses candy and a new slide whistle. “What news?” she would ask the proprietor. “Has Mr. McKinley won election? Why, hello, Mr. Roosevelt.” OK, so actually it was a little more recent than that, but still, Martell’s is a Montauk institution. One you can buy right now, along with a gas station with two garages and a three-bedroomed apartment upstairs. If you’re really ambitious, you can expand upward, as neighboring buildings have done.

Interested? The lot, with a breezeway between buildings and plenty of space in back, is asking $5.475 million. Frankly, there’s not a lot of commercial space on the market in Montauk, so if you’re looking to make some money in The End, this property could make a lot of sense.