485 Broadway, Monticello, NY 12701

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Property Description

The best block on Broadway is presenting a great opportunity! Right smack in the middle of town. This is a four unit, ground floor building in turn key condition with two long term tenants. One tenant rents both the restaurant space and the small office with entry around the corner. The office space to be rented features a kitchen , open room and bathroom and the other is a small office with room for a desk and storage. The structure features a new roof, new gutters and new soffits all around. In the crawl space there are all new water pipes, water meter, sump pump and foam insulation. The electric meters have been separated for easy billing. The camera system will hold about 2 weeks of footage. Financials are available for serious buyers. 7.7% cap rate!

485 Broadway | MLS# H6317004

This commercial property located at 485 Broadway, Monticello, NY 12701 is currently listed for sale with an asking price of $460,000. Broadway is located within the Monticello school district. Search Monticello real estate on www.timberlandproperties.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: 619
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: Timberland Properties
Agency Phone: 845-586-3321

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