Mixed-Use Property with Income
631 State Route 17K Montgomery, NY 12549
631 State Route 17K, Montgomery, NY, 12549
$1,300,000
Pending
For Sale
$1,300,000
Pending
Fully leased restaurant and income-generating apartments in prime location.
Lot Size0.37 Acres
Days on Market134
Property Features for 631 State Route 17K
General Information
- Standard status
- Pending
- Lot size
- 0.37 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agency
CapMark Realty, LLC
(845) 728-5671
Listed by
Patricia Lucey
(845) 728-5671
Source
Elliman
Added: Mar 10 Updated: Jul 6 at 10:48AM Checked: Jul 21 at 5:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CapMark Realty, LLC
Investment Insights
Based on property information with market context.
This mixed-use property presents an investment opportunity in a high-visibility location. It features a restaurant with a long-term lease, providing immediate rental income, and the sale includes all restaurant equipment. Above the restaurant are four income-producing apartments: two 2-bedroom units, one 1-bedroom unit, and a 4-bedroom apartment with a sunroom. The property includes newer septic and leach fields, and new windows.
Key Highlights
- Fully leased restaurant provides immediate and consistent rental income.
- Includes four income‑producing apartments (two 2‑bedroom, one 1‑bedroom, and one 4‑bedroom with sunroom) for substantial additional revenue.
- Prime, high‑visibility location.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully leased restaurant and income-generating apartments in prime location.
Where is this mixed-use property located?
The property is located at 631 State Route 17K Montgomery, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully leased restaurant provides immediate and consistent rental income.; Includes four income‑producing apartments (two 2‑bedroom, one 1‑bedroom, and one 4‑bedroom with sunroom) for substantial additional revenue.; Prime, high‑visibility location.
