619 State Route 17K - Colden Manor At Spruce Lodge
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619 State Route 17K - Colden Manor At Spruce Lodge
15,000 SF Speciality Building Offered at £2,347,349 in Montgomery, NY 12549
Executive Summary
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.
Property Facts
| Price | £2,347,349 | Lot Size | 7.50 AC |
| Price Per SF | £156 | Building Size | 15,000 SF |
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Property Type | Speciality | Year Built/Renovated | 1980/1990 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 3.33/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | £2,347,349 |
| Price Per SF | £156 |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 7.50 AC |
| Building Size | 15,000 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1980/1990 |
| Parking Ratio | 3.33/1,000 SF |
| Corridor | Interior |
PROPERTY TAXES
| Parcel Number | 334289-027-000-0006-005.000-0000 | Improvements Assessment | £451,474 |
| Land Assessment | £84,035 | Total Assessment | £535,509 |
PROPERTY TAXES
Parcel Number
334289-027-000-0006-005.000-0000
Land Assessment
£84,035
Improvements Assessment
£451,474
Total Assessment
£535,509
zoning
| Zoning Code | BD (Business) |
| BD (Business) |
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619 State Route 17K - Colden Manor At Spruce Lodge
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