619 State Route 17K - Specialty FOR SALE


Montgomery, NY 12549
$2,999,999 USD
845-457-9174
619 State Route 17K, Montgomery, NY for Sale
$2,999,999 USD
Specialty - FOR SALE
1/57
null | Request Cap Rate

619 State Route 17K
Montgomery, NY 12549


OVERVIEW

Whether you're looking to expand your hospitality portfolio, venture into the catering business, or transform this space into a retail/restaurant establishment, this property offers endless possibilities. Established business with strong local sales and high customer satisfaction and favorability. With its impressive size of almost 13K sq, and strategic location, it's a rare find in today's market. A beloved staple in the Montgomery community for over 60 years. Set on a spacious and level 6.9-acre lot which includes 2.2 acres of commercial land, this remarkable property is perfect for hosting a variety of events and includes additional rental buildings that provide substantial income. Long term tenants in 4 of the 8 residential rental units. Zoning is B-4 with a total of 5 buildings. Situated in a high-traffic area with excellent visibility and accessibility. Ample space and infrastructure for expanding the menu, hosting events, or introducing new services. The courtyard offers a pleasant and inviting ambiance, perfect for al fresco dining, socializing, and provides a perfect backdrop for weddings. The outdoor seating area also provides an opportunity for expansion which increases the restaurant’s current capacity of 270 guests. If you are a motivated and experienced bar/restaurant operator looking for a thriving business with significant growth potential, this opportunity is perfect for you. Contact us today to learn more and schedule a viewing of the premises.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Colden Manor At Spruce Lodge

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.5 AC

LAND SF

326,700 SF

ZONING

BD

APN/PARCEL ID

334289-027-000-0006-005.000-0000

ASK ABOUT THIS PROPERTY

Larry CurasiCurasi Realty Inc.More Info
845-457-9174

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Larry CurasiCurasi Realty Inc.More Info
845-457-9174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.