Broadway, Monticello, NY 12701

Property Description

The property consists of approximately 17,500 square feet with 50 feet of road frontage and a depth of 350 feet, providing ample space for a variety of commercial development opportunities. The parcel is serviced by municipal water and sewer, reducing development costs and making it an attractive site for future improvements. Currently utilized as a parking lot, this property presents multiple investment possibilities. Continue operating it as a parking facility, improve and pave the site to generate additional rental income, or utilize it to support neighboring commercial buildings with much-needed tenant and customer parking. Subject to Village approvals, the property also offers excellent redevelopment potential for a mixed-use building featuring commercial space on the ground floor with residential apartments or professional offices above. Whether you're seeking an income-producing parking asset, land for future development, or a strategic addition to an existing commercial portfolio, this property offers exceptional flexibility and long-term investment potential in one of Sullivan County's most active commercial corridors. SBL'S included in this sale - 111-5-16, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-1.