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1-5 Fallsview, Croton Falls
Ideal investment opportunity. 10 acre industrial park of six buildings. The buildings, the land, the bridges, the grounds have good bones. This property is zoned for commercial business. All buildings and property have been maintained and while 100% leased, the rents are low. A future landlord may want to upgrade the buildings to encourage tenants with higher rents. Bridge entrance over Croton Falls to the five tenant buildings has ample parking. Two largest buildings used for light manufacturing/industrial, three others as office and warehousing. Building #6 which was rebuilt in 1984 is a fully operational hydroelectric turbine and has been leased by Electric Company ever since. Includes long term lease with Electric Company(pays $.06 per kilowatt monthly income .) Property sold "as is". Rent roll and income/expense statements available upon request.
- MLS® #4905645
- Square Footage38,000
- Year Built1901
- FeaturesA/C Units, Alarm System, Shed, Wall to Wall Carpet
- ParkingCommon, Lot Parking
- Lot DescriptionLevel, Boarders State Land
- ConstructionBrick, Frame
- Listing OfficeHoulihan Lawrence Commercial
- Address1-5 Fallsview
- AreaNorth Salem
- CityCroton Falls
- Zip Code10509
- HeatingForced Air, Radiator
- CoolingCentral, Window Units
The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Monroe Realty Center. Inc are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Information deemed reliable but not guaranteed.
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Listing information last updated on April 18th, 2019 at 10:28am EDT.