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149 Route 44 2,034 SF 100% Leased Retail Building Millerton, NY 12546 $767,270 CAD ($377.22 CAD/SF)



Investment Highlights
- Located within a commercial corridor currently experiencing record investment with walkable village access. Immediate ROI.
Executive Summary
Neil Charles Real Estate is pleased to announce for sale New England Dry Cleaners, a cornerstone of the Millerton Community for 75 years, located at 149 Route 44, Millerton NY 12546.
This third generation, family-owned, turn-key business is fully equipped and offers a rare opportunity to acquire a well-established operation with a loyal, long-standing customer base and a lot of opportunity for expansion. Prime location in a primary east-west corridor, providing high-visibility and easy accessibility, just moments from the NY-CT state line. This area is experiencing a good deal of investment due to the population growth since the pandemic.
This offering is ideally suited for an entrepreneur seeking a stable, community-focused business with immediate cash flow and substantial long-term growth potential.
EXECUTIVE SUMMARY
• Acquisition of a dry-cleaning plant and prime commercial real estate in Millerton, NY
• A 3-generation business with loyal customer base, poised for expansion with little competition
• Assets included: real estate, dry cleaning machinery and brand equity
• Positioned along Route 44, this property offers visibility, accessibility, and flexibility.
• Structured to support multiple strategies: operate, reposition, or hold.
• Located within a commercial corridor which is currently experiencing record investment with walkable village access.
• Immediate ROI: eliminate lease risk and secure a long-term asset
• Financial information for business available upon request
OPTION 1 – DRY CLEANING BUSINESS &
REAL ESTATE ($565,000)
• Turnkey acquisition of business + real estate
• Existing infrastructure & customer base
• Immediate continuity
• Immediate ROI with current business
• Expansion opportunity
– Alterations
– Commercial wash & fold services
– Pickup and delivery
– Leveraging of local SEO & marketing
• Business Financial Disclosures Available Upon Request
DRY CLEANING COMPETTIVE LANDCAPE
Distance from New England Dry Cleaners
Northwest Cleaners - Distance 4.2 miles
Thim’s Custom Cleaners - Distance 17.7 miles
Laramee’s Cleaners - Distance 18.1 miles
Eco Dry Cleaners - Distance 18.2 miles
Litchfield Cleaners - Distance: 22.9 miles
Golden Cleaners - Distance 24.7 miles
Hyde Park Cleaners - Distance 25.1 miles
Santoro Cleaners – Distance 28.5 miles
Globe Cleaners - Distance 28.9 miles
OPTION 2 - REAL ESTATE ONLY ($495,000)
• Acquire property independently
• Retail/service potential
• Repositioning opportunity
• Owner-user or investor
• Long-term upside
REAL ESTATE OVERVIEW
• 2,034 SF main building
• 440 SF secondary structure
• 0.41 acres
• Built 1964 / 1968 respectively
• Parking for approximately 30 cars in parking lot and plenty of parking across the street
• Commercial zoning
LOCATION & POSITIONING
• Located along Route 44 in Millerton’s primary commercial corridor.
• Surrounded by retail, restaurants, banking, car dealer, gas station,
car wash etc.
• Walkable from village center.
• Located in an affluent & growing demographic area with record investment currently
INVESTMENT PERSPECTIVE
• Operate
• Reposition
• Own & Occupy
• Hold
• Flexible structure allows alignment with buyer strategy.
THE OPPORTUNITY OFFERS OPTIONS
• This is not a single-use asset.
• It allows a buyer to choose the path that aligns with their objectives.
This third generation, family-owned, turn-key business is fully equipped and offers a rare opportunity to acquire a well-established operation with a loyal, long-standing customer base and a lot of opportunity for expansion. Prime location in a primary east-west corridor, providing high-visibility and easy accessibility, just moments from the NY-CT state line. This area is experiencing a good deal of investment due to the population growth since the pandemic.
This offering is ideally suited for an entrepreneur seeking a stable, community-focused business with immediate cash flow and substantial long-term growth potential.
EXECUTIVE SUMMARY
• Acquisition of a dry-cleaning plant and prime commercial real estate in Millerton, NY
• A 3-generation business with loyal customer base, poised for expansion with little competition
• Assets included: real estate, dry cleaning machinery and brand equity
• Positioned along Route 44, this property offers visibility, accessibility, and flexibility.
• Structured to support multiple strategies: operate, reposition, or hold.
• Located within a commercial corridor which is currently experiencing record investment with walkable village access.
• Immediate ROI: eliminate lease risk and secure a long-term asset
• Financial information for business available upon request
OPTION 1 – DRY CLEANING BUSINESS &
REAL ESTATE ($565,000)
• Turnkey acquisition of business + real estate
• Existing infrastructure & customer base
• Immediate continuity
• Immediate ROI with current business
• Expansion opportunity
– Alterations
– Commercial wash & fold services
– Pickup and delivery
– Leveraging of local SEO & marketing
• Business Financial Disclosures Available Upon Request
DRY CLEANING COMPETTIVE LANDCAPE
Distance from New England Dry Cleaners
Northwest Cleaners - Distance 4.2 miles
Thim’s Custom Cleaners - Distance 17.7 miles
Laramee’s Cleaners - Distance 18.1 miles
Eco Dry Cleaners - Distance 18.2 miles
Litchfield Cleaners - Distance: 22.9 miles
Golden Cleaners - Distance 24.7 miles
Hyde Park Cleaners - Distance 25.1 miles
Santoro Cleaners – Distance 28.5 miles
Globe Cleaners - Distance 28.9 miles
OPTION 2 - REAL ESTATE ONLY ($495,000)
• Acquire property independently
• Retail/service potential
• Repositioning opportunity
• Owner-user or investor
• Long-term upside
REAL ESTATE OVERVIEW
• 2,034 SF main building
• 440 SF secondary structure
• 0.41 acres
• Built 1964 / 1968 respectively
• Parking for approximately 30 cars in parking lot and plenty of parking across the street
• Commercial zoning
LOCATION & POSITIONING
• Located along Route 44 in Millerton’s primary commercial corridor.
• Surrounded by retail, restaurants, banking, car dealer, gas station,
car wash etc.
• Walkable from village center.
• Located in an affluent & growing demographic area with record investment currently
INVESTMENT PERSPECTIVE
• Operate
• Reposition
• Own & Occupy
• Hold
• Flexible structure allows alignment with buyer strategy.
THE OPPORTUNITY OFFERS OPTIONS
• This is not a single-use asset.
• It allows a buyer to choose the path that aligns with their objectives.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,034 SF
Building Class
C
Year Built
1964
Price
$767,270 CAD
Price Per SF
$377.22 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.43 AC
Zoning
BD-2 - Commercial District. Area is experience record investment and expansion. Walking distance from the bustling village.
Parking
30 Spaces (14.75 Spaces per 1,000 SF Leased)
Frontage
116’ on Route 44
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 133889-7271-00-658247-0000 | Improvements Assessment | $229,230 CAD |
| Land Assessment | $143,541 CAD | Total Assessment | $372,771 CAD |
Property Taxes
Parcel Number
133889-7271-00-658247-0000
Land Assessment
$143,541 CAD
Improvements Assessment
$229,230 CAD
Total Assessment
$372,771 CAD
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Presented by
Neil Charles Real Estate. St
149 Route 44
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