1 Drillers Ln, Montgomery, NY 12549

41,880 SF | Industrial Building | Montgomery, NY 12549 | $2,500,000 ($60/SF)

Asking Price $2,500,000

Property Type
Industrial
Price / Square Foot
$60

Listing Contacts

Jay Feinberg
Jay Feinberg
  • Property Info

Property Overview

For sale or master lease is this Industrial portfolio comprised of 4 lots totaling 4.04 acres located in Montgomery, NY - the industrial warehouse distribution hub of Orange County, NY. Zoned I-1, with multiple commercial buildings on the site(s) and frontage on Bracken Rd with access through Drillers lane, this package also includes a residential component on lot #1 which is perfect for an owner/operator. Owner will consider a master lease to a qualified tenant. The breakdown of the four lots are as follows:
Lot #1 - 121 Bracken Road, Montgomery, NY - SBL #30-1-22.100 features a 1,596 sqft, 3bd, 2 bath ranch style home on .8793 acres, updated with new appliances, large family room with fireplace, porch, decking, and detached 2 car garage. Oil heat with hot water baseboard. Could be utilized as an office space if needed.
Lot #2 - 123 Bracken Road, Montgomery, NY - SBL #30-1-23.00 is a .9135 acre vacant lot, zoned Industrial I-1.
Lot #3 - 1 Driller’s Lane, Montgomery, NY - SBL #30-1-22.200, zoned I-1 includes a 40x60 garage with (2) overhead doors (14’ ht.) concrete floor, employee rest room, additional 450 Sq. Ft. office attached. The second level boasts a 780 sq. ft. caretaker apartment with screened in porch.
Lot #4 - : 3 Driller’s Lane, Montgomery, NY - SBL #30-1-26.210, zoned I-1 on 1.05 acres, this lot is comprised of 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 and a large paved parking area in front. This site is awaiting a building permit to construct 3,800 sq. st. addition to the existing building. Revised site plan under review with municipality. Building permit for new construction to follow approved site plan. Call list agent for private showing.
Potential to purchase existing freight hauling and/or truck repair business(s) separately to include furniture, fixtures and equipment.

Property Details

Year Built
1980
Stories
1
Property Subtype
Service, Warehouse, Distribution, Office Live/Work Unit
Lot Size (sq. ft)
175,982 SF

Highlights

  • Residential component for owner/operator, GM or office use.
  • Frontage on Bracken Road, with access through Driller’s Lane.
  • Municipal water and sewer available to the site.
  • I-1 Industrial Zoning.
  • Potential to purchase existing freight hauling and/or truck repair business(s) separately to include furniture, fixtures and equipment.
  • Great master lease opportunity for a qualified tenant

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