Listed price in listed location currency (USD).
$1,100,000

000

MLS® 1021959

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $6,726
Days Active 1
Lot Size 0.1148 Acres
Approx. Age 
MLS® Number 1021959

Property Address: 493 Broadway, Monticello, NY, 12701-1106

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

Description

Prime Commercial Investment Opportunity | Owner-Occupant Potential | Portfolio Offering. Discover an exceptional investment opportunity in the heart of the Village of Monticello's thriving downtown business district. 493 Broadway is being offered as part of a premier commercial portfolio consisting of seven mixed-use buildings and one parking lot, providing investors the opportunity to acquire a quality income-producing asset as part of a larger investment package. This well-maintained commercial property features two ground-floor commercial storefronts. One unit is occupied by a well-established, thriving restaurant with a long-term tenancy, providing immediate and reliable rental income. The second unit is currently vacant, creating an ideal opportunity for an owner-occupant to establish a new business, professional office, retail boutique, or service-oriented operation while benefiting from the existing cash flow generated by the occupied space. Serviced by municipal water and sewer, the property offers low-maintenance ownership and is positioned for long-term investment success. The property's B-2 Business District zoning provides flexibility for a variety of commercial uses and, with the appropriate municipal approvals, offers the potential for future expansion or redevelopment, allowing investors to further maximize the property's value. Located on Broadway, Monticello's primary commercial corridor, the property enjoys outstanding visibility with an estimated 8, 000 to 12, 000 vehicles passing daily, along with consistent pedestrian traffic. Its central location offers convenient access to NYS Route 17 / Interstate 86, making it easily accessible for customers, clients, and employees throughout Sullivan County and the greater Hudson Valley. 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® Number1021959
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementStorage Space
DrivewayPrivate
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
493 Broadway, Monticello, NY

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