Listed price in listed location currency (USD).
$1,700,000

000

MLS® 1025111

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $6,999
Days Active 1
Lot Size 0.6187 Acres
Approx. Age 1920
MLS® Number 1025111

Property Address: 452 Broadway, Monticello, NY, 12701-1744

Average square foot calculated using Size range provided by listing agent.

Description

Premier Downtown Mixed-Use Investment with Significant Value-Add Opportunity. Position your investment at the center of Monticello's revitalization with this fully leased mixed-use commercial property located on the Village's highly traveled Broadway corridor. Offered as part of a larger investment portfolio consisting of seven mixed-use buildings and one parking lot. Immediate, stable cash flow and exceptional upside potential, 452 Broadway presents a rare opportunity for investors seeking both current income and future appreciation. The property features 7, 316 square feet on a 25, 950-square-foot lot and is 100% occupied with four established commercial tenants, providing dependable rental income from day one. The storefronts have been renovated with modern finishes, creating an attractive and highly visible retail presence in one of Sullivan County's busiest commercial districts. A major value driver is the approximately 5, 000 square feet of unfinished second-floor space, where all new windows have already been installed. This expansive area offers tremendous redevelopment potential and is well suited for conversion into four residential apartments, five or more professional office suites, coworking space, medical offices, or executive suites (subject to municipal approvals). Completing the second-floor renovation provides a clear path to substantially increasing the property's income and overall value. Strategically located within the Village of Monticello and all zoned B-2 Mixed Use Commercial. With immediate rental income already in place, modern building improvements completed, and substantial expansion potential remaining, 452 Broadway represents an ideal opportunity for investors, developers, or owner-users looking to capitalize on the continued growth and redevelopment of downtown Monticello. 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, 111-5-18
MLS® Number1025111
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementStorage Space
DrivewayPrivate
Garage Spaces
HeatForced Air
A/CCentral Air, Ductless

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2026List Date
$1,700,000List Price
May 8, 2024End Date
$1,600Sold Price

Leased

Dec 2, 2024List Date
$1,700List Price
  • Commute

Commute

Starting Address
Destination Address
452 Broadway, Monticello, NY

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