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    605 Ny-17K Montgomery, NY 12549

    Sponsored
    For Sale
    $900,000

    6,250 SF Retail Building, Route 17K

    Property size:
    6,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6,250 square foot retail property in Montgomery, New York, presents a compelling investment opportunity. Situated on a high-visibility corner lot with excellent frontage on Route 17K, this two-story building, constructed in 1965, offers significant potential for both owner-occupancy and investment. A portion of the building is currently leased to long-term tenants, generating consistent rental income. Approximately 2,600 square feet of space is readily available for lease to new tenants or for owner use. The property's prime location on Route 17K ensures high traffic volume and easy accessibility. Its proximity to local amenities further enhances its appeal for a wide range of commercial uses. This versatile commercial asset combines a desirable location with existing income and substantial growth potential, making it an ideal choice for investors seeking a strong return or businesses looking for a prominent location to establish or expand their operations. The property's address is 605 NY-17K, Montgomery, NY 12549, in Orange County. The asking price is $900,000.

    Property Features for 605 Ny-17K

    General Information

    Property type
    Retail properties
    Square Feet
    6,250 SF

    Building Details

    Year Built
    1965
    Stories
    2

    HighLights

    • $900,000 asking price.
    • 6,250 square foot retail building.
    • Built in 1965, two stories.
    • Prime corner lot with Route 17K frontage in Montgomery, NY.
    • Partially leased with existing income stream and approximately 2,600 SF available for lease or owner‑occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Hair Salon Auto Repair Shop Nail Salon Pharmacy Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.153395
    Latitude
    41.5254425

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    FAQs

    What type of property is this?
    Retail property - 6,250 SF Retail Building, Route 17K
    Where is this retail property located?
    The property is located at 605 Ny-17K Montgomery, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price.; 6,250 square foot retail building.; Built in 1965, two stories.
    Request Owner's contact information
    605 Ny-17K Montgomery, NY 12549
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    Montgomery, NY 12549
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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
    605 Ny-17K Montgomery, NY 12549
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