27-37 Park Ave Newport, NY 13406
- Industrial properties
- 27,770 SF
- 7.75 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 27-37 Park Ave
- Lot size
- 7.75 lot acres
- Property size
- 27,770 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Herkimer
- State
- New York
- Longitude
- -74.9667
- Latitude
- 43.1412
