For Sale
$1,300,000

686 State Route 17 K Montgomery, NY 12549

4.4-Acre Mixed-Use Property; High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
130
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.

Highlights

  • $1,300,000 asking price for 4.4-acre commercial land in Montgomery, NY.
  • Mixed-use property with a car lot and two single-family homes (one 3 bed/2 bath, one 3 bed/1 bath).
  • Located in Montgomery, NY, near restaurants, highways, and shops.
  • Potential for future development or expansion.
  • Financial records available upon request.

Property Details for 686 State Route 17 K

Property type
Land

Location Insight

City
Montgomery
County
36071
State
New York
Latitude
41.5254961
Longitude
-74.1622567
686 State Route 17 K, Montgomery, New York

FAQs

What type of property is this?
Land - 4.4-Acre Mixed-Use Property; High Income Potential
Where is the land located?
The property is located at 686 State Route 17 K 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: $1,300,000 asking price for 4.4-acre commercial land in Montgomery, NY.; Mixed-use property with a car lot and two single-family homes (one 3 bed/2 bath, one 3 bed/1 bath).; Located in Montgomery, NY, near restaurants, highways, and shops.
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686 State Route 17 K
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