27-37 Park Ave Newport, NY 13406
This exceptional turnkey opportunity presents a well-established machine shop in Middleville, NY, encompassing four buildings totaling approximately 27,770 square feet on a 7.75-acre lot. The property includes a main building at 37 North Main Street (approximately 8,000 square feet), a rental building at 27 North Main Street (approximately 3,800 square feet), a cold storage building at 43 Park Avenue (approximately 4,000 square feet), and a manufacturing building at 47 Park Avenue (approximately 11,970 square feet). The asking price is $731,000. The sale includes all machinery and equipment, which comprises horizontal boring mills, vertical turret lathes, lathes, radial arm drills, milling machines, and other machinery. This established business, operating since 1959, has a history of serving multinational companies. The property's strategic location borders West Canada Creek and benefits from zoning that allows for diverse uses, including industrial, retail, and office spaces. This presents a rare chance to acquire a substantial industrial complex with existing operations and significant growth potential. The property is located at 27-37 N Main St & 43, 47 Park Ave, Middleville, NY 13406.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.