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3815 Route 44

8,500 SF Retail Building Millbrook, NY 12545 $1,490,000 ($175/SF)

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Investment Highlights

This 8,500 square foot commercial building is located in the village of Millbrook just minutes from Route 44.

The property offers two office/retail spaces on 6.6 acres of land.

Executive Summary

This property has undergone significant improvements in recent years including a new heating system, new foam insulation, new septic approved for 68 people, an updated electrical system, upgraded lighting, and a new certified public drinking water filtration system. The building was formerly utilized as a veterinary clinic, but there are also 2 additional rentals in the building: a 1 bedroom apartment currently rented for $1,400/month and another shop rented for $500/month. The tenants also plow snow and maintain the building exterior. There are two properties included in the sale; 3815-3817 has 4.6 acres and Crescent Road has 2 acres.

Millbrook - Flood