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Leased Restaurant & Income Apartments

631 State Route 17K Montgomery, NY 12549

631 State Route 17K, Montgomery, NY, 12549
$1,300,000
For Sale
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$1,300,000

Mixed-use property featuring a restaurant and four apartments.

Lot Size0.37 Acres
AddedNov 27, 2025
Days on Market230
Last RefreshMay 11 at 12:34 am

Property Features for 631 State Route 17K

General Information

Standard status
Active
Lot size
0.37 Acres
Property subtype
Commercial

Building Details

Year Built
1940

Listing office CapMark Realty, LLC

Listing date Nov 27, 2025

Source Elliman

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, featuring a fully leased restaurant and income-generating apartments. The sale includes all restaurant equipment. Above the restaurant are four apartments: two 2-bedroom units, one 1-bedroom unit, and one 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, featuring two 2‑bedroom, one 1‑bedroom, and a spacious 4‑bedroom with sunroom, for diversified revenue streams.
  • Prime, high‑visibility location enhances business potential and property value.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Dental Office HVAC Service Electrical Service Grocery & Convenience Store Furniture & Home Goods Hair Salon Pharmacy Catering Service Nail Salon Building Supply

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring a restaurant and four apartments.
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, featuring two 2‑bedroom, one 1‑bedroom, and a spacious 4‑bedroom with sunroom, for diversified revenue streams.; Prime, high‑visibility location enhances business potential and property value.
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