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36 Cold Spring Rd 5,443 SF 100% Leased Industrial Building Monticello, NY 12701 $1,347,799 CAD ($247.62 CAD/SF)

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INVESTMENT HIGHLIGHTS

Large Road Frontage
Busy Location

Established Business

EXECUTIVE SUMMARY

This Monticello location provides substantial versatility for mixed-use development and is situated in a highly desirable area. With its long history as an auto mechanic shop, the lot offers large parking and storage areas plus an investment/ rental unit. The main attraction is the garage, which is just under 3500 square feet, offers five overhead doors of various heights, an office, restroom, has heating, and is currently configured for automotive business. It would also be suitable for other uses such as for contractors, towing business, woodworking, retail establishment, or ideal storage for equipment, etc. Second building, which is approximately 2000 square feet, was formerly a duplex and still has two electric meters. It is rented by a single tenant who has combined the space but could be converted back, if desired. A perfect set up for live/ work, management quarters, or extended business use. Property is zoned HC2 which is favorable for many uses and is serviced by municipal sewer and a drilled well. Municipal water is approximately 500 feet away. Monticello is a very central and convenient location, and this property offers extremely large road frontage of over 700 feet on Cold Spring Road/ County Road 102 making it easy to access for vehicles, deliveries, large trucks and equipment. Zoning and the survey/site plan map are included in the documents.

Pavese Survey

THOMPSON Zoning HC-2

PROPERTY FACTS

Price	$1,347,799 CAD	Rentable Building Area	5,443 SF
Price Per SF	$247.62 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1960
Property Type	Industrial General Retail Auto Repair Showroom Industrial Service	Parking Ratio	6.25/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.59 AC
Zoning	HC2

Price	$1,347,799 CAD
Price Per SF	$247.62 CAD
Sale Type	Investment or Owner User
Property Type	Industrial General Retail Auto Repair Showroom Industrial Service
Building Class	C
Lot Size	0.59 AC
Rentable Building Area	5,443 SF
No. Stories	1
Year Built	1960
Parking Ratio	6.25/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	HC2