42 Orchard Street, Montgomery, NY, 12586
$550,000
$649,000
activeYear Built
1965
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
ASKING $54./SQUARE FOOT FOR VERY GOOD CONDITION INCOME PROPERTY WITH MUNICIPAL PARKING 100 FEET AWAY. Income property generating 2 rents, and tenants pay utilities. Stunning, sharp, very well maintained centerpiece facility in handsome Village Square. Long-time well known music school on 2 levels, across from Village Hall. First floor offers sprawling lobby feeding to 10 instruction rooms, and a half bath. Second level has 65 seat performance area, mini-cafe', with two powder rooms, then 7 larger instruction rooms. 2 separate furnaces. Attached but separate leased Cafe' for breakfast and lunch, pays $1500./mo rent, plus their own utilities. Zoning is B-3 offering many options. Large Municipal parking lots next door. This building could be used for offices, dental, medical, tutorial, counseling, performing arts, museum. School may be willing to rent back the second floor. Come and See!!
Listed by Mark J Tierney, Howard Hanna Rand Realty
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