Orange County, NY Seize the chance to capitalize on this outstanding industrial investment today.Prime Industrial Site - 1 Drillers Lane

Drillers Ln and Bracken Rd Montgomery, NY 12549

Montgomery
FOR SALE
Property Type:
Warehouse
Amount:
$2,200,000
Last Verified:
Nov 04, 2024

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Highlights

  • - I-1 Zoning with municipal water and sewer connections available
  • - Frontage on Bracken Road with access via Driller’s Lane
  • - Income from residential rental components
  • - Located in Orange County, NY
  • - Ample space and versatile layout for various industrial activities
  • - Well-maintained property
  • - Great opportunity all on one large 4.04 acre lot

Description

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 leased month to month. Seize the chance to capitalize on this outstanding industrial investment today.

Positioned in the heart of Orange County, NY, this prime industrial location offers access to a robust market brimming with potential. With proximity to major transportation routes and a skilled labor force, the area presents a compelling environment for industrial, warehouse, and distribution enterprises. Orange County, NY is known for its dynamic business climate and strategic positioning within the larger regional economy. Nearby amenities such as major highways, transportation hubs, and supporting businesses add to the allure of this thriving area, making it a compelling choice for industrial and distribution investors seeking an advantageous location to grow their business.


Year Built: 1964
Building Size: 12826sq ft
Lot Size: 4.04 acres

Map of Drillers Ln and Bracken Rd, Montgomery, NY, 12549

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.