Fantastic Development Opportunity

Every now and then an historic property presents an investor with an historic opportunity. Today in Montauk, The Shepherd's Neck Inn and Motel, a seaside inn from 1928 has just come on the market. Awaiting a possible conversion or a refurbishment, the property offers a 60 room inn; a restaurant with liquor license; a separate 20 room motel plus two additional 2+ acre lots currently vacant. Walk to the ocean and Montauk Village. There's room for profit, community preservation or even social conscience with this opportunity, you just need consider the possibilities. Offered co-exclusively, $8,750,000.