OPPORTUNITY IS KNOCKING! This 50,000 square foot building on 20 acres of land beside the Wallkill River with a breathtaking view of the falls in the sought after Village of Montgomery, is a perfect opportunity for investment, production, and development. The buildings are currently occupied by 8 tenants and 2 operational hydroelectric turbines on premise that generate income. The property is zoned for mixed use and has the potential for multiple residential units to be developed on the available acreage. To add to the nostalgia, the building is listed on the National Register of Historic Sites and the original mill machinery housed inside is still operational. To the rear of the property is a hops garden which allows for the right amount of sunlight and water to produce amazing hops and are a perfect home for a micro-brewery or winery for the right buyer. So many opportunities, reliable income, and massive potential for development solidify that this is a must see SO PLEASE CALL TODAY!
Features of 23 Factory St.
| MLS# | H4706388 |
|---|---|
| Price | $1,900,000 |
| Sold Price | $1,650,000 |
| Bathrooms | |
| Acres | 20.00 |
| Year Built | 1813 |
| Type | Commercial |
| Sub-Type | Business |
| Status | Closed |
Community Information
| Address | 23 Factory Street |
|---|---|
| City | Montgomery |
| County | Orange County |
| State | NY |
| Zip Code | 12549 |
Amenities
| Parking | Driveway, Garage, Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Historic District, Part Wooded |
|---|---|
| Construction | Brick |
Additional Information
| Date Listed | February 16th, 2017 |
|---|---|
| Date Sold | April 17th, 2019 |
| Days on Market | 425 |
| Short Sale | No |
| RE / Bank Owned | No |
Offer is made only to participants of the MLS where the listing is filed.