631 State Route 17K Montgomery, NY $ 1,300,000
631 State Route 17K
$ 1,300,000
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631 State Route 17K

Montgomery, NY, 12549
$ 1,300,000
Bedrooms-- Baths-- Sq 7,720

Monthly Estimate*

$ 8,110

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Commercial Property for sale in Montgomery, NY

for $1,300,000. This 7,720 square foot building was built in 1940 on a lot size of 0.3673.

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.**

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 8,598

Style

Multi Family

Lot Size

0.3673

Year Built

1940

Town/City

Montgomery

County/Region

Orange

MLS | Web ID

839585

Features
General
Sewer Septic Tank
Heating Baseboard Electric Natural Gas Radiant
Cooling Central Air Varies by Unit Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Frame
Year Built 1940
Property Subtype Multi Family
Tax Year 2024
Parcel Number 334289-027-000-0006-002.310-0000
County Orange County
Property Type Commercial Sale
Other Structures Shed(s)
High School Valley Central High School
City Montgomery
Disclosures Lead Paint
High School District Valley Central (Montgomery)
Number Of Units Total 5
Elementary School Berea Elementary School
Property Attached Y/N Y
Tax Annual Amount 8598.5
Showing Instructions Please use showingtime. Please provide 24 hour notice and preapproval or POF prior to showing.
Middle/Junior High School Valley Central Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Valley Central (Montgomery)
Elementary School District Valley Central (Montgomery)
Tax Assessed Value 166800
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Exterior
Parking Features Parking Lot Parking Lot
Water Source Well
Building Area Total 7720
Waterfront Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
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Internal Only
Street Number 1 631
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* Excluded Features
List By
Patricia Lucey

Listing Agent

Picture It Sold, Llc

Broker

treesh.lucey@pictureitsoldrealestate.com

Email

Affordability Calculator

$8,827
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$717
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892541 Elementary School
4892263 Middle School
Valley Central High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2025$1,300,000 -7.14% Price Down
3/26/2025$1,400,000 Listed Price

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631 State Route 17K, Montgomery, NY, 12549 is a Commercial Property for sale at $1,300,000 with 7,720 sqft and a lot size of 0.3673. 631 State Route 17K was built in 1940. The property's zip code is 12549 which is in Montgomery, NY