497 Broadway

Monticello, NY 12701
  • $1,300,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing CURA01 - 45345

Prime Mixed-Use Investment Opportunity | Value-Add Asset | Portfolio Offering. An exceptional opportunity to acquire a fully renovated mixed-use building in the heart of the Village of Monticello, offered as part of a larger investment portfolio consisting of seven mixed-use buildings and one parking lot. The property features four units, including three commercial suites and one residential apartment. Currently, two units are leased to long-term tenants, while two vacant commercial suites present an outstanding opportunity to increase cash flow by leasing at current market rates or occupying the space with your own business. The building has been extensively updated, with renovated suites, municipal water and sewer, and high-efficiency mini-split heating and air conditioning systems installed throughout, providing modern comfort and energy efficiency while minimizing maintenance costs. One of the property's greatest assets is its large private parking lot with approximately 16 dedicated parking spaces, a highly desirable feature for both office and retail tenants in downtown Monticello. Strategically located on Broadway, the Village's primary commercial corridor, the property enjoys excellent visibility and benefits from steady daily vehicle traffic and pedestrian activity. Broadway serves as the central business district for Monticello, connecting local businesses, government offices, healthcare providers, restaurants, and retail establishments, while offering convenient access to NYS Route 17 / Interstate 86, making it easily accessible to both local residents and regional visitors. SBL'S included in this sale - 111-7-2, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-18LA must accompany all showings.

Listing Highlights

Status Active
Days on Site 0
Property Type Commercial Sale
MLS ® 1021958
Year Built 2025
Total Square Footage 0
Lot/Acreage 0.12
School District Monticello
Elementary School George L Cooke School

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Ductless
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Storage Space
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 16
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Parking Lot

Financial Details

  • Tax Amount: $6,999
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4601-111-0-0007-003-000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

497 Broadway Monticello, NY 12701

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Originating MLS: onekey2

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