Property known as Hilton Cold Storage
Seven Upton Street, Village of Hilton, New York 14468

Description: Multi-level, steel-reinforced heavy masonry and frame warehouse - cold storage - office facility situated on 4.43 industrially zoned acres serviced by municipal and public utilities, per Hilton Village zoning map dated January 2002.

Constructed +/- 1930 and upgraded +/-1950, this all purpose storage complex has daily 24 hour accessibility by heavy truck or smaller vehicles, with adequate paved/level turnaround and parking. Included on-site is an in-ground truck scale with 1955 digital- readout with sensors, 100,000 lb. capacity, measures 10' x 50' and scale house ($32,000 new).

This property offered for sale at PUBLIC AUCTION
Thursday evening, August 7 at 7:00 PM

Property will be sold "Absolute" when the bid price exceeds $50,000

Located in north-central Monroe County in the Town of Parma, the Village of Hilton approximately 15 miles NW of the City of Rochester, 8 miles north of Spencerport and 3 miles south of the Ontario State Parkway, and serves as the crossroads site of NYS Routes 18 and 259. The complex is centrally located within the village among and between other commercial properties, and lies adjacent to Salmon Creek.

Specific Property Information

Location: Seven Upton Street, Village of Hilton, New York 14468, Town of Parma, County of Monroe

Directions: Take I-390 north from either I-490 east or west, to exit # 26; turn left (west) on NYS Route 18 +/- 6 miles to Parma Center; turn right (north) on NYS Routes 18/259 +/- 2 miles to the Village of Hilton; turn right on East Street. Proceed 2 blocks to Upton Street, turn right on Upton +/- 500' to the property.

Facility Description: (All dimensions approximate)

First Floor

• (Basement level) Total - 22,200 Sq. Ft.

• 11,000 sq. ft. refrigerated storage

• 13'4" height, 3 rooms, 6' door height, 5' width

• 4,200 sq. ft. unrefrigerated halls/access

• 4,800 sq. ft. storage

• 2,200 sq. ft. utilities maintenance

Second Floor

• (Ground level) Total - 20,000 Sq. Ft.

• 11,000 sq. ft. refrigerated storage

• 12"5" height, 3 rooms, 6' door height, 5' width

• 4,200 sq. ft. unrefrigerated halls/access

• 3,800 sq. ft. workshop/assembly

• 1,000 sq. ft. finished offices

• 2,000 sq. ft. canopies/loading docks

Third Floor

• (Upper level) Total - 15,200 Sq. Ft.

• 11,000 sq. ft. refrigerated storage

• 12"5" height, 2 rooms, 6' door height, 5' width

• 4,200 sq. ft. unrefrigerated halls/access

Fourth Floor

• (Top level) Total - 15,200 Sq. Ft.

• 11,000 sq. ft. refrigerated storage

• 13'4" height, 2 rooms, 6' door height, 5' width

• 4,200 sq. ft. unrefrigerated halls/access

1. The refrigerated storage areas floors and roof are supported by a series of reinforced concrete mushroom columns providing even distribution of allowable floor loads.
2. The 4,800 square foot second floor (ground level) area is supported by steel pipe columns and heavy timber beams. Roof is supported by heavy timber trusses affixed to vertical masonry facings.
3. Access to all levels is gained form reinforced concrete stairs with steel pipe railings located near the two vertical conveyor units.

• All four (04) levels are serviced by two (02) vertical conveyor units;

• (1) vintage +/-1947 12' x 12' W/40 HP drive, and

• (2) vintage 1997 12' x 12' W/7 HP drive (cost $40,000 new),

• Both units are functional and in useable operating condition.

All four levels of refrigerated storage are serviced by an ammonia-coolant coil-gravity system operated by two compressors (1 - 8 x 8, 1 - 7 x 7), all vintage +/- 1957, all functional and in useable operating condition. The facility’s 44,000 sq. ft. refrigerated portion, by floor, by year, was utilized previously as outlined:

• Year 2001 BS- 10% 1^st- 90% 2^nd- 0% 3^rd- 0%

• Year 2000 BS- 100% 1^st- 100% 2^nd- 100% 3^rd- 100%

• Year 1999 BS- 100% 1^st- 100% 2^nd- 100% 3^rd- 100%

Complex has a self-contained inspection station, holds +/-240,000 bushels of produce, and has one electrically powered steel lift/dock leveler.

Owner - Hilton Cold Storage, Inc.
Warranty Deed Book 8515, page 460
Tax Map Identification 32.06-3-37.113 Tax Map

Currently assessed for $452,700; $86,000 for land and $366,700 for structure/improvements, Village and Town assess at 100% of full value established July 01, 2002. Implied uniform percentage of full value is $452,700.

Subject premises lie wholly within Hilton Village, the Hilton Central School District, and the Hilton-Parma Fire District.

Taxes and special assessments are listed for the July 1, 2002 - June 30, 2003 period:

• School $ 21.53 (01/02):

• County $ 9.03 

• Town $ 2.28 

• Village $ 2.32

• Fire $ 0.91

• Total = $36.07 x $452.7 = $16,318.00
  current annual tax liability.

Additional village utility charges:

• Water - $2.24/thousand gal.

• Sewer - $11.00/15 thousand gallons

John T. Reynolds, CAI
Newark, NY 14513-0508

Telephone: 315-331-8815
Fax: 315-331-2054

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