19 Donovan Dr, Hopewell Junction, NY

Industrial for Sale - $2,199,000 - 9,680 Sq. Ft. on 1 acres


Agent Info

John DeMarco
CENTURY 21 Alliance Realty Group

Property Info

CIMLS#1147078
Location
  19 Donovan Dr
  Hopewell Junction NY 12533
UpdatedAugust 25th, 2023
TypeIndustrial
Price$2,199,000
Building9,680 Sq. Ft.
Land1 acres

Property Description

Conveniently located along Interstate 84, this 10,000 SF R&D, Manufacturing and Office building was built in 2016. Currently, the building is occupied by a Class A tenant with 4 years remaining on the existing lease plus two, 3 year extension options. The building is immaculately clean and well maintained. Completed engineering drawings show expansion potential to 1.5x its size. Perfect for a 1031 investor or owner occupier who can purchase at a 7 cap.


Financials