Price Reduced 25.42%


Price History

$2,950,000
10/20/2023

$2,800,000
11/22/2023

$2,500,000
2/8/2024

$2,400,000
10/11/2024

$2,200,000
11/4/2024


1 Drillers Lane, Montgomery, NY, 12549

1 Drillers Lane, Montgomery, NY, 12549

Price reduced on this exceptional opportunity for an industrial and distribution investment in Montgomery, NY. totaling 4.04 acres. Zoned I-1 allowing 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 updated home 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 fully leased month to month. Additional Information: FloorLoad:16,


Status:

Active

Type:

Commercial

Heating:

Natural Gas, Forced Air

Cooling:

None

Parking:

Parking Lot

Acreage:

4.04

Assessment

$92,000

Lot Description:

Level

Days on Market:

354

Appliances:

Electric Water Heater

MLS #:

H6274662


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Hudson Valley (845) 863-6116