1-5 Fallsview

$2,100,000, 38,000 Sqft

About This Property

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.

Essential Information

MLS® #4905645
Square Footage38,000
Year Built1901

Community Information

Address1-5 Fallsview
AreaNorth Salem
CityCroton Falls
Zip Code10509


ParkingLot Parking, Common


A/C Units, Alarm System, Shed, Wall to Wall Carpet


HeatingForced Air, Radiator
CoolingCentral, Window Units


Lot DescriptionLevel, Boarders State Land
ConstructionBrick, Frame

Additional Information


Listing Details

Listing Courtesy ofHoulihan Lawrence Commercial

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Listing information last updated on November 14th, 2019 at 6:13pm CST.

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