485 Broadway, Monticello, NY 12701

$449,000

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List Price
$449,000
Status
ACTIVE
Days on Market
749
Price Change
▼ $11,000 1778730810
MLS#
H6317004
Subtype
Commercial Sale
Neighborhood
Monticello

Property Description

Motivated seller presents a premier investment opportunity on the most sought-after block in Monticello! Located right in the heart of town, this four-unit, ground-floor building is in turn-key condition and currently fully occupied, with long term, well established tenants, providing immediate stability and cash flow. The building features two primary commercial anchors: a restaurant and a nail salon. In addition to these retail spaces, the property includes a significantly sized office space located around the corner—complete with its own kitchen, open room, and bathroom—plus an additional smaller office perfect for a desk and storage. The property has been meticulously maintained with extensive recent capital improvements. The exterior features a brand-new roof, new gutters,newly installed mini splits and new soffits, while the infrastructure has been upgraded with all-new water pipes, a new water meter, a sump pump, and foam insulation in the crawl space. For seamless management, the electric meters are separated for easy billing. Security is also handled by an integrated camera system with two weeks of storage. This is a rare chance to acquire a fully leased, turn-key asset in a high-traffic location. Financials are available for serious buyers—bring your offers today!

Additional Information

Taxes
$7,024
Zoning
B1
Appliances
Electric Water Heater
Heating
Electric, Propane, Forced Air, Heat Pump
Air Conditioning
Wall/Window Unit(s)
Parking
Open, On Street
Parking Features
Open, On Street
School District
Monticello

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Randi Moody (randi@malekproperties.com) from Listing Office: Malek Properties.