158 La Barre St - Warehouse FOR SALE


Hancock, NY 13783
$1,500,000 USD
607-637-5588
158 La Barre St, Hancock, NY for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

158 La Barre St
Hancock, NY 13783


HIGHLIGHTS

  • 17 acres
  • 50,000 plus SF main building
  • 42,000sf additional space via numerous ancillary buildings including office building.

OVERVIEW

92,000sf Industrial Complex in Upstate New York now available for sale. This Industrial complex in Upstate NY is for sale. An expansive 17.25 acre property (with an adjacent 19 acres available), it is zoned “Industrial”. Operated as a sawmill and lumber production/drying facility for decades, it includes several paved road accesses, 3 phase electric, municipal water & sewer and natural gas. Mostly level, there is a significant area of paved and gravel surfaces and a drainage system. Heavy truck access has been accommodated for years and the property facilitates truck staging and employee parking well. Significant Industrial Buildings As a former saw mill and lumber drying facility, many buildings already exist. A 50,000 square foot steel on concrete building has the largest layout and includes multiple large bay door accesses, loading docks, multiple levels and a sawdust evacuation system. 42,000sf additional ancillary buildings exist and are well maintained. They include- 5,000 sf dry kilns heated by an on-site natural gas boiler, several dry/cold storage pole barns, a 13,000 sf lumber packaging building, 15,000 sf dry storage & kiln, 1,500 sf equipment maintenance building and 2,300 sf office building. Site Location Good access that takes you everywhere. Within minutes of NY State Route 17/Interstate 86, NYS Route 97 and Pennsylvania State Routes 191 and 370. This location provides access to the NY City metropolitan and Northern New Jersey areas (2.5 hr drive), Binghamton, NY and Interstate 81 (under 1 hr), Syracuse, NY (under 2 hr), Scranton, Pa (1 hr 15 min), Philadelphia, Pa (3 hr 15 min). An active railroad is adjacent (across the street) and had a siding in place at one time. An existing sidetrack agreement is understood to still exist. An adjacent 19 acres of vacant industrial land is available if desired. The property is deed restricted against hardwood lumber production. Area Benefits The Hancock, Delaware County, NY area is located in the Southern Tier of New York and the Catskill Mountains. The mining and production of Bluestone is a major industry in Hancock. The timber industry is dominant here so downstream forest product manufacturing would be an ideal use. The geology is heavy to the Marcellus Shale and Utica Shale formations. In fact, Hancock, NY is just a few dozen miles from the natural gas drilling activities in neighboring Pennsylvania. Natural gas drilling is a heavy water-using industry. The site also has frontage on the East Branch Delaware River. This property is situated well to take advantage of future development in the Southern Tier region and the relocation of manufacturing.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wagner Lumber

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

5

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

17.25

LAND SF

751,410

ZONING

Industrial

APN/PARCEL ID

123601-439-006-0001-001-110

ASK ABOUT THIS PROPERTY

Christopher GrossUpper Delaware Real EstateMore Info
607-637-5588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Christopher GrossUpper Delaware Real EstateMore Info
607-637-5588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.