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For Sale

$789,000

202 days on market

515 Broadway

Monticello, NY 12701

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Prime commercial opportunity in the heart of the Village of Monticello, offering both immediate income and future development potential. This property includes two parcels with municipal water and sewer. Parcel #111.-12-14 features a 704 sq. ft. commercial building situated on 0.11 acres, currently leased at $1,500 per month on a triple net basis, providing steady income with minimal landlord expenses. Also included is adjacent Parcel #111.-12-15, a cleared 0.54-acre commercial lot that runs along the right side of the building and extends behind it, creating a versatile footprint suitable for a variety of uses such as fast food, retail, office space, or other commercial development. The combined property offers approximately 100 feet of frontage on Broadway and 295 feet of frontage on Park Avenue, delivering strong visibility, accessibility, and exposure in a well-traveled area. With its central location and flexible potential, this is an excellent opportunity for investors, developers, or owner-users looking to expand or build in a growing commercial corridor. Survey available.

Listing agent (MLS): Harold B. Reynolds · Listing brokerage (MLS): R J Katz Realty

Property Details

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Price

$789,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Business

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

202

· 8% down, 7% APR, 30yr fixed
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Courtesy of R J Katz Realty