Current Use by Public Records
- Land
Property Details for 686 State Route 17 K
- Property type
- Land
Description
This exceptional 4.4-acre commercial property in Montgomery, NY, presents a lucrative investment opportunity. The site boasts a thriving mixed-use configuration, seamlessly blending residential and commercial components. Currently, the property includes a dedicated car lot, perfectly suited for automotive sales or service operations, generating immediate income streams. In addition, two single-family homes are situated on the land: one is a three-bedroom, two-bathroom ranch, and the other is a three-bedroom, one-bathroom ranch. These residences offer additional revenue potential through rental income or owner occupancy. The well-maintained buildings minimize upkeep costs, ensuring a hassle-free investment experience. The expansive lot offers significant potential for future development or expansion, allowing for further growth and increased profitability. Located in desirable Montgomery, the property benefits from convenient access to major highways, public transportation, local shops, and restaurants, enhancing its appeal to both residents and businesses. Detailed financial records are available upon request, providing a comprehensive overview of revenue and operational expenses. This unique combination of established income streams and future development potential makes this property an exceptional investment opportunity. The property is situated at 686 State Route 17K, Montgomery, NY 12549.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- 36071
- State
- New York
- Longitude
- -74.1623
- Latitude
- 41.5255
