515 Broadway, Monticello, NY 12701

$789,000

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List Price
$789,000
Status
ACTIVE
Days on Market
118
MLS#
979288
Subtype
Commercial Sale
Neighborhood
Monticello

Property 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 $1,200 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.

Additional Information

Taxes
$6,341
Zoning
B1
Heating
Ducts, Forced Air, Heat Pump
Air Conditioning
Ductless, Electric
Stories
1

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Harold B. Reynolds (bruce@rjkatzrealty.com) from Listing Office: R J Katz Realty.