2217 + 2219 State Route 208 Active

Montgomery,NY 12549

$ 860000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYH6314484

Year Built 1890

Annual Tax Amount $10,879

Lot Size 0.850 Acres

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)

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

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