23 Grassy Point Rd
Stony Point, NY 10980

1.7 million gallon bulk oil storage terminal with deep water dock and a busy boat fuel dock which grosses about $500,000 per season netting about 20% profit. Environmentally in very clean shape though DEC requires monitoring to continue. Panco Petroleum has only retailed for themselves from this location since buying it in 1988. There are two racks currently and wholesaling to other heating oil companies or biofuel storage are other good potential uses at the site. The property has about an acre on either side of Grassy Point Rd. The acre inland is fully paved and could be fine to rent parking space to other companies heating oil delivery trucks which then buy the oil in the morning.There are diesel gas pumps for Panco's own trucks, a garage with multiple drive in doors, a small office building and many important items for safety and operation which are included in the sale. The fuel dock facility has a bathroom and pump out station. Site may be redeveloped for other conceivable uses such as residential and or restaurant, hotel. It is one of very few deep water docks available anywhere on the Hudson for industrial uses. US Gypsum has rail siding next door.
Located in between the many marinas and yacht clubs. Adjacent to The currently moth balled 32+/- acre US Gypsum plant.

• Date available: Now
• Lease term: Negotiable
• Service type: Full Service Gross
• Space Type: Relet