Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
6,560 SF
Site
0.68 acres
Price / SF
$267
NOI
$36,000
Zoning
I2
Stories
2
The offering
LOCATION LOCATION LOCATION!!! $108k in annual rental income!!! 9 TOTAL BAYS OF SHOP SPACE! HIGH VISIBILITY LOCATION! Exceptional commercial opportunity in absolutely incredible location! This super visible commercial property is situated at the entrance to the Village of Montgomery on Route 17K, right next to Wards Bridge ensuring incredible visibility, traffic, and accessibility. Set on just under three quarters of an acre of land, the site is adaptable for multiple commercial uses, with I2 zoning the list is long! Over 6,500 total square feet between the two buildings/three spaces. Main shop is 3,000 sq. ft. with three 14' doors, a 16'x16' office space, bathroom and second level storage, second shop area is 2,160 sq. ft. with two 14' doors and two 12' doors. Upper street level shop is 1,350 sq. ft. with two 12' foot doors and an office. This is an absolutely amazing chance to own a riverfront industrial property in one of the most versatile locations to hit the market this year! Featuring 9 total bays of shop space, this property offers unmatched flexibility for a variety of businesses. Extensive recent upgrades, a well-maintained and renovated property with a long list of recent upgrades. Large rear parking area perfect for staff, equipment, or any additional business needs. This is an extraordinary opportunity if you’re looking for prime industrial space in an unbeatable location. Call today for a private viewing.
Building & site
Interest conveyedFee simple
Gross building area6,560 SF
Building typeIndustrial
Property typeIndustrial
Stories2
Land area0.68 acres
Land area, SF29,721 SF
WaterPublic
SewerPublic Sewer
HeatSee Remarks
Tax parcel332003202-1-1
Number of buildings2
Electric utilityCentral Hudson
Zoning & permitted uses
District
I2
Permitted uses are governed by the Montgomery zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$36,000
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2024 taxes
$10,427
Assessed value
$72,700
Land assessment
$14,300
Full market value
$756,500
Owner of record
Itzkowitz, Shlome
School district
Washingtonville
Property class
210
Floodplain
4% of the parcel lies within the mapped floodplain. Buildable area, insurance and any expansion should be checked against the current FEMA mapping before you rely on it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.