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Property Description
Prime Investment Opportunity – Fully Leased Restaurant & Income-Generating Apartments!
Located in a high-visibility, prime location, this mixed-use property offers a well-established restaurant with a long-term lease, providing immediate rental income. The sale includes all restaurant equipment, making it a seamless investment. Above the restaurant, you’ll find four income-producing apartments: two spacious 2-bedroom units, one 1-bedroom unit, and a large 4-bedroom apartment with a sunroom—a fantastic opportunity for additional revenue. The property features newer septic and leach fields, new windows, ensuring peace of mind for years to come.
Don’t miss this incredible investment opportunity with built-in income! **Call today for financials and more details.**
Features
- Heating System:
- Electric, Radiant, Natural Gas, Baseboard
- Cooling System:
- Central Air, Wall/window Unit(s), Varies By Unit
- Lot Features:
- Near Public Transit, Corner Lot, Level, Near School, See Remarks
- Parking Features:
- Parking Lot
- Sewer:
- Septic Tank
- Utilities:
- Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Address Map
- City:
- Montgomery
- State:
- NY
- County:
- Orange County
Property and Construction
- Development Status:
- Frame
- Elementary School:
- Berea Elementary School
- High School:
- Valley Central High School
- Agent MlsId:
- 40268
- Office MlsId:
- PICTRE
- MiddleOrJunior School:
- Valley Central Middle School
- Number Of Units:
- 5
- Special Listing Conditions:
- No
- Stories Total:
- 2
- Tax Annual Amount:
- $8,599
- Water Source:
- Well
- PhotosCount:
- 43
Commercial Sale For Sale
631 State Route 17K, Montgomery, NY
16,000 Acre
$1,300,000
Listing ID #839585
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Multi Family
- Listing ID :
- 839585
- Price :
- $1,300,000
- Bathrooms Total :
- 0
- Building Area :
- 7,720 Sqft
- Lot Area :
- 16,000 Acre
- Year Built :
- 1940
- Status :
- Active
- Status :
- Active
- Listing Office :
- Picture It Sold, LLC
- Listing Agent :
- Patricia Lucey
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
