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14-20 Cottage St

40,330 SF Vacant Industrial Building Middletown, NY 10940 £3,116,550 (£77/SF)

Investment Highlights

  • +/- 40,300 sq ft industrial building on 1.4 acres.
  • DMU Zoning, parking, building upgrades.
  • Assumable long tem tax incentives.
  • Excellent for single/multi user/investor or developer.
  • Can be delivered Vacant.

Executive Summary

Rare opportunity, +/- 40,300 sq/ft., Industrial/Warehouse/Distribution property on 1.4 acres in the City of Middletown! Building can be delivered vacant! Assumable long term tax incentives in place. Large parking area in rear, municipal parking in front. Three external loading docks w/ 10' doors, three drive in bays with roll-up doors. Various ceiling heights throughout. Perfect for investor, multi-user or conversion to single user. Excellent opportunity for developer of retail/apartments. DMU Zoning in place, recently changed over from I-2. Main level plus lower level-out to grade and loft space. Ready to lease up now as multi-user but holding off for single user or developer.
Strategic location, coveted building type, use and size, parking and development opportunity.

Property Facts

Price £3,116,550
Price Per SF £77
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Showroom
  • Industrial Service
Building Class C
Lot Size 1.40 AC
Rentable Building Area 40,330 SF
Number of Floors 1
Year Built/Renovated 1930/2015
Parking Ratio 0.9/1,000 SF
No. Dock-High Doors/Loading 3
Level Access Doors 3
Opportunity Zone Yes

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Clemson Brothers Brewery
  • Manufacturing
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Clemson Brothers Brewery Manufacturing - - -
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code DMU (Downtown Mixed Use)
DMU (Downtown Mixed Use)
  • Listing ID: 18263921

  • Date on Market: 22/01/2020

  • Last Updated:

  • Address: 14-20 Cottage St, Middletown, NY 10940

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