Receivership Sale
Bid Deadline: July 31, 2025
Minimum Bid: $1,100,000
Great Neck Realty Co. and Iron Horse Commercial Properties are pleased to present a unique opportunity to acquire a state-of-the-art industrial manufacturing facility along with a future development tract of land. This offering includes two separate properties with major potential:
• Manufacturing Facility – a 45,780+/- sq. ft. industrial building situated on 5.09+/- acres, previously used for basalt fiber manufacturing. The facility has been cleared of machinery and equipment, providing a flexible space for various industrial uses, redevelopment or expansion. The industrial zoning allows for a range of manufacturing, warehousing or distribution operations.
• Future Development Tract – a 7.59+/- acre parcel adjacently to the main facility, offering a prime opportunity for industrial, commercial or logistics development.
Court Ordered Receivership Sale of State-Of-The-Art Basalt Fiber Manufacturing Facility. This site consists of a $6,000,000 Basalt furnace / refinery system with Non Constrained Power at 3 Mega Watt Site Limit w/ owned sub-station. Complete internal electrical switch gear systems, HVAC system and water systems with cooling towers to run the Basalt smelter operation. Additional warehouse, lab and office space onsite.