Mixed-Use Property with Income
For Sale
$1,300,000
Pending
631 State Route 17K, Montgomery, NY 12549
Fully leased restaurant and income-generating apartments in prime location.
Property SizeContact for details
Lot Size0.37 Acres
Days on Market165
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
Changed: Jul 6
Last Checked: Aug 20 at 11:22AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
7,485 visits/mo
0.2 miles
Demographics for 12549, NY
10,349
Population
3,918
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
93%
High-School Grad
38.7 sq mi
ZIP Area
267
Density / Sq Mi
$125,000
Median Household Income
$66,250
Median Earnings
$1,606
Median Rent
$377,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
