605 State Rte 17k Montgomery, NY 12549
This exceptional 6,250 square foot retail property presents a compelling investment opportunity in Montgomery, NY. Situated on a highly visible 1.16-acre corner lot with excellent frontage on State Route 17K, this property boasts significant traffic flow and easy accessibility. A portion of the building is currently leased to long-term tenants, generating consistent rental income. Approximately 2,600 square feet of space is immediately available for lease to new tenants or for owner-occupancy, offering flexibility for a variety of commercial uses. The property's prime location near local amenities further enhances its appeal to a wide range of businesses. This versatile commercial asset is ideal for both owner-operators seeking a strategic location and investors looking to diversify their portfolio with a property offering both immediate income and significant long-term growth potential. The high visibility and convenient access on Route 17K ensure strong exposure and attract a substantial customer base. This is a rare opportunity to acquire a well-positioned retail property in a thriving area. The asking price is $900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Montgomery, NYMontgomery. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.