1 Drillers LnMontgomery, NY 12549

Property Details for 1 Drillers Ln

Year built

1964

Lot size

1.10 AC

Property size (Sq ft)

2,688 SF

Zone code

I1

Property type

Industrial properties

Property subtype

Other warehouses

APN

334289 30-1-22.2

APU

334289301222

Description

This exceptional Montgomery, NY investment property offers a unique blend of industrial and residential income streams. Situated on a 4.04-acre lot zoned I-1, the property includes a variety of buildings ideal for diverse uses. A 40x60 garage features two 14-foot overhead doors, a concrete floor, employee restroom, and a 450 sq ft attached office. Above the garage is a 780 sq ft apartment with a screened porch. Additionally, a modern 3-bay garage (3,800 sq ft) boasts 16-foot ceilings and three 14-foot high drive-in overhead doors. A new pre-engineered steel building is planned for construction. Ample paved parking is available. The property also includes a 1,596 sq ft updated ranch-style home with three bedrooms, two bathrooms, and a detached two-car garage. Both residential units are currently leased month-to-month, providing immediate rental income. The industrial buildings offer a 16-ton floor load capacity. This multifaceted property presents a compelling investment opportunity with significant potential for growth and return. The combination of industrial space and income-producing residential units creates a diversified and attractive investment portfolio. The I-1 zoning allows for a variety of industrial uses, including truck, auto, and equipment repair, or other related businesses.

• Alternative Use

  Use

  Valuation

  Residential

  $764,306

  Hospitality

  $700,101

  Educational

  $582,476

  Medical

  $602,508

  Retail

  $906,073

Location Insight

City

Montgomery

County

Orange

State

New York

Latitude

41.5207

Longitude

-74.1978

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.