485 Broadway, Monticello, NY 12701

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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, 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!

485 Broadway | MLS# H6317004

This commercial property located at 485 Broadway, Monticello, NY 12701 is currently listed for sale with an asking price of $449,000. Broadway is located within the Monticello school district. Search Monticello real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Retail
Cooling: Wall/Window Unit(s)
Heating: Electric, Propane, Forced Air, Heat Pump
Lot Size: 0.17 Acres
Taxes: $6,375

Feature Descriptions

Appliances: Electric Water Heater
Building Area Total: 3461
Days on Site: 691
Exterior: Blown-In Insulation
On Market Date: 2024-07-10
Parcel Number: 4601-111-0-0007-005-000
Parking Features: Open, On Street
Rental Term: Monthly
Security Features: Video Cameras
Sewer: Public Sewer
Units: 4
Water: Public

Local Schools

School District: Monticello

Demographics

Listed By / Shown By

Listing By

Agency Name: Malek Properties
Agency Contact: 845-583-6333

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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