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Orange County, NY Industrial- Drillers Ln 1 Drillers Ln

41,880 SF Industrial Building Montgomery, NY 12549 £1,721,390 (£41/SF)

Investment Highlights

  • - I-1 Zoning with municipal water and sewer connections available
  • - Income from residential rental components
  • - Ample space and versatile layout for various industrial activities
  • - Frontage on Bracken Road with access via Driller’s Lane
  • - Well maintained property located in Orange County, NY

Executive Summary

Price reduced on this exceptional opportunity for an industrial and distribution investment in Montgomery, NY. totaling 4.04 acres. This site has ample space and a versatile layout for various approved types of Industrial uses including truck/auto/equipment repair or other related businesses. This Industrial Site includes a 40x60 garage with (2) 14’ overhead doors, concrete floor, employee rest room, with additional 450 Sq. Ft. office attached. The second level boasts a 780 sq. ft. apartment with screened in porch. This site also features a 3,800 sq. ft. modern 3 bay garage, 16 ft ceiling height, with (3) 14’ Ht. drive in overhead doors. There is an additional new pre-engineered steel building on site to be built, and a large, paved parking area in front. This site also includes a 1,596 sqft, 3bd, 2 bath ranch style home updated with new appliances, large family room with fireplace, porch, decking, and detached 2 car garage. The income from the residential rental components adds an appealing dimension to this great investment opportunity. Currently, both residential components are occupied and fully leased month to month. Seize the chance to capitalize on this outstanding industrial investment today.

Property Facts

Price £1,721,390
Price Per SF £41
Sale Type Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Distribution
  • Industrial Warehouse
  • Light Industrial Light Distribution
Lot Size 4.04 AC
Rentable Building Area 41,880 SF
Number of Floors 1
Year Built 1980

Amenities

  • Fireplace
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
334289-030-000-0001-026.210-0000
Land Assessment
£8,629 (2023)
Improvements Assessment
£82,677 (2023)
Total Assessment
£91,305 (2023)

zoning

Zoning Code I-1 (Zoned I-1. Ample space and a versatile layout for various approved types of Industrial uses including truck/auto/equipment repair or others similar)
I-1 (Zoned I-1. Ample space and a versatile layout for various approved types of Industrial uses including truck/auto/equipment repair or others similar)
  • Listing ID: 29507928

  • Date on Market: 13/09/2023

  • Last Updated:

  • Address: 1 Drillers Ln, Montgomery, NY 12549

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