40 Commercial AveMiddletown, NY 10941
- Manufacturing properties
- 48,903 SF
Property Details for 40 Commercial Ave
- Year built
- 1979
- Lot size
- 6.20 AC
- Property size (Sq ft)
- 48,903 SF
- Zone code
- ENT-L
- Property type
- Manufacturing properties
- APN
- 335200 41-1-74.61
- APU
- 3352004117461
Description
This exceptional 52,000-square-foot industrial property in Middletown, NY, offers a versatile space ideal for various manufacturing and warehouse operations. Currently configured for multiple tenants, a 24,000-square-foot space is immediately available for lease. The building, constructed in 1975, features 27-foot ceilings in the main production area, providing ample vertical space. Two of four enclosed loading docks, situated within a heated truck bay, are dedicated to this space. The property boasts a comprehensive wet sprinkler system for fire safety and a large paved parking lot accommodating approximately 70 vehicles. The space includes office areas and laboratories, all within the 24,000 square foot minimum divisible area. Previously utilized for pharmaceutical manufacturing, this facility is well-suited for food manufacturing, packaging, or other high-tech industries. Utilities include municipal water and sewer, high-volume natural gas service for heating and hot water, and 1200 amps of power. The property sits on 6.2 acres of land and is zoned Ent L. The landlord is open to dividing the space further to accommodate specific tenant needs. Tenant is responsible for a pro-rata share of property taxes and utilities. This is a rare opportunity to secure a well-maintained, strategically located industrial space in Orange County. The APN is 41-1-74.61.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $13,905,089
- Hospitality
- $12,736,987
- Educational
- $10,597,023
- Medical
- $10,961,471
- Retail
- $16,484,259
Location Insight
- City
- Middletown
- County
- Orange
- State
- New York
- Latitude
- 41.4648
- Longitude
- -74.3505
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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