$860,000
2217 + 2219 State Route 208 Montgomery, NY 12549
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$860,000
Est. payment /mo
0.85 Acres Lot
Active
2217 + 2219 State Route 208 Montgomery, NY 12549
UPDATED:
11/16/2024 07:20 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6314484
Originating Board onekey2
Rental Info No
Year Built 1890
Annual Tax Amount $10,879
Lot Size 0.850 Acres
Acres 0.85
Property Description
Welcome to this commercial/residential zoning property in Montgomery. Situated on .85-acre lot, the retail commercial space, currently functioning as a glass shop, adds a lucrative dimension to the property. W/ a current rent of $2400 per month, this space presents an excellent investment opportunity. The prime corner location ensures maximum daily traffic visibility, making it an ideal spot for a thriving business. Nestled within the same lot is a residential detached Craftsman property featuring 2 units, each fetching $1,200 in monthly rent. These units come complete with stoves & refrigerators. There is a fenced yard & above-ground pool. There is an opportunity to acquire additional acreage bordering the property with road frontage, creating potential for future expansion or development opportunities. Currently on septic & well, there are plans to introduce sewer & water services to the corner. Noteworthy is the proximity to key locations: near Newburgh/Middletown Shopping, & Close to Route 84. For those relying on public transportation, the Metro North Beacon Train is a conveniently close. Commuting to the heart of New York City is also a breeze by car. A pending check gas station approval right across the street hints at upcoming developments, including the potential addition of sewer & water services, as shared by the owner. The property's versatility, strategic location, & potential for growth make it a rare and enticing opportunity for investors & Contractors alike. Don't miss this great opportunity. The glass shop and the 2 family rental are only sold together and not separately.
Location
State NY
County Orange County
Interior
Heating Baseboard, Electric, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Electric Water Heater, Refrigerator
Exterior
Parking Features Off Street, Parking Lot, Private
Fence Fenced
Utilities Available Electricity Available
Building
Lot Description Corner Lot, Level
Sewer Septic Tank
Water Drilled Well
Structure Type Frame
Schools
School District Valley Central (Montgomery)
Others
Special Listing Condition None
Listed by RE/MAX Town & Country
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