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    102 Clinton St Montgomery, NY 12549

    For Sale
    $895,000

    Prime Village Location, High Potential

    Property size:
    6,244 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property at 102 Clinton St, Unit 102, Montgomery, NY presents a compelling investment opportunity. The building, totaling 6,244 square feet on a 0.04-acre lot, boasts a prime location in the heart of the Village of Montgomery. The ground floor features two thriving commercial spaces currently occupied by a pizzeria and a restaurant, providing immediate income potential. These established businesses benefit from a vibrant community and high foot traffic. Above the commercial units, the building offers four spacious two-bedroom, one-bathroom residential apartments. While requiring complete renovation, these units represent significant potential for rental income generation once updated. The apartments retain the charm of historic architecture, offering a unique opportunity for restoration and modernization. The property's strategic location provides easy access to local shops, dining establishments, and public transportation, enhancing its appeal to both commercial tenants and residential occupants. This mixed-use building offers a rare chance to acquire a substantial property in a growing area with the potential for significant returns on investment. The asking price is $895,000.

    Property Features for 102 Clinton St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,244 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Orange County
    State
    New York
    Longitude
    -74.23716
    Latitude
    41.5269

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Village Location, High Potential
    Where is this commercial real estate located?
    The property is located at 102 Clinton St Montgomery, NY.
    What is the asking price?
    The asking price for this property is $895,000.
    (845) 238-8182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Clinton St Montgomery, NY 12549
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