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1397 Route 55 15,000 SF Industrial Building Lagrangeville, NY 12540 $2,341,070 CAD ($156.07 CAD/SF)
Investment Highlights
- Busy Route 55 traffic
- Workshop open floor plan no pillars
- 2 Drive in Doors 1 Dock, Machine shop and business
Executive Summary
Owner occupied Warehouse and Office space is well located between Billings and Freedom Plains on Route 55 just minutes from the Taconic State Parkway. This 15,000 SF setback building has been a metal fabrication shop specializing in tooling systems, machining, and engineering services for over 50 years. The front first floor with office and workshop is 6000 SF with a drive in door. The second floor which is setback from the first floor is 9,000 SF and features an office and workshop set above 3,000 SF open workshop that includes one dock door and one roll top drive in door at the back of the building. This has been a light industrial business with 3 phase electrical panels and high voltage metal fabrication machines.
Business and Equipment are for sale separately or can be included in the sale of the property. Approximately 20 parking spaces on an unpaved area with the back portion of the lot elevated but level for additional parking.
Business and Equipment are for sale separately or can be included in the sale of the property. Approximately 20 parking spaces on an unpaved area with the back portion of the lot elevated but level for additional parking.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
Utilities
- Lighting - Fluorescent
- Water - Well
- Sewer - Septic Field
- Heating - Oil (Fired)
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 133400-6560-01-266951-0000 | Total Assessment | $847,470 CAD (2025) |
| Land Assessment | $169,494 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $677,976 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
133400-6560-01-266951-0000
Land Assessment
$169,494 CAD (2025)
Improvements Assessment
$677,976 CAD (2025)
Total Assessment
$847,470 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026 Payable 2026
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1397 Route 55
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