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7874 State Route 11 98,000 SF Industrial Building Chateaugay, NY 12920 $26,000,000 ($265.31/SF)

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INVESTMENT HIGHLIGHTS

  • Site was originally built for $47 million dollars,
  • Extremely low energy cost for property with $0.01-$0.03 per kilowatt for delivery
  • Approx. $5 million dollar economic Cash credit for job creation.
  • Sale price is negotiable

EXECUTIVE SUMMARY

10 buildings - no zoning restrictions allow for many potential redevelopment uses. Could be used as a Bitcoin Mining facility as it can have access to lots of power at a very cheap rate (from the cheapest rates in the country) and entire facility is gated with a double electrical fence 16 feet high, also has very cold weather.

PROPERTY FACTS

Price $26,000,000
Price Per SF $265.31
Sale Type Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 99.00 AC
Rentable Building Area 98,000 SF
No. Stories 1
Year Built/Renovated 1990/2005
Tenancy Single
Parking Ratio 3.57/1,000 SF
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 10
Zoning I - Light or Heavy Industrial

AMENITIES

  • Smoke Detector

ABOUT 7874 STATE ROUTE 11 , CHATEAUGAY, NY 12920

Expansive site with multiple buildings which can support a variety of uses. Great opportunity for Bitcoin Mining as is it located in a very cold area, with very cheap electricity, access to lots of power, very close to the grid, and its a gated area the whole facility is secured with a 25' electric gate. There is onsite water, public sewer, electric and phone. There is a backup diesel generator and above ground diesel and gasoline tanks with electric pump service.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 98,000 SF
  • Industrial
  • Partial Build-Out
  • Now

Expansive site with multiple buildings which can support a variety of uses. There is onsite water, public sewer, electric and phone. There is a backup diesel generator and above ground diesel and gasoline tanks with electric pump service.

Space Size Space Use Condition Available
1st Floor 98,000 SF Industrial Partial Build-Out Now

1st Floor

Size
98,000 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 98,000 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Expansive site with multiple buildings which can support a variety of uses. There is onsite water, public sewer, electric and phone. There is a backup diesel generator and above ground diesel and gasoline tanks with electric pump service.

  • Listing ID: 17719984

  • Date on Market: 11/14/2019

  • Last Updated:

  • Address: 7874 State Route 11, Chateaugay, NY 12920

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