Who would like an 8% Cap? Look no further! This versatile multi-use building presents an exceptional investment opportunity. Positioned strategically on Route 17K within the charming Village of Montgomery, it enjoys high visibility and traffic. The commercial space features a great spa. Upstairs, a meticulously renovated 2-bedroom apartment awaits, boasting a custom kitchen, tiled bath, new carpets, fresh paint, and convenient washer/dryer hookups. With its income-generating potential and prime location, this property offers a rare chance to own a flexible asset in a sought-after area.