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0 Prince St
Monticello, NY 12701
Retail Property For Sale


Investment Highlights
- Mixed-use commercial property located in the heart of Monticello's Central Business District.
- Offered as part of a larger portfolio of seven mixed-use buildings and one parking lot.
- Features an open retail layout, private office, restroom, and a long-term lease in place.
- Expansion potential for a second floor, subject to approvals, creating additional office, residential, or mixed-use space.
Executive Summary
Prime Mixed-Use Investment Opportunity | Owner-Occupant or Investment | Portfolio Offering. An exceptional opportunity to acquire a mixed use commercial building in the heart of the Village of Monticello's Central Business District. This property is being offered as part of a larger investment portfolio consisting of seven mixed-use buildings and one parking lot, providing investors the opportunity of a strategic commercial portfolio. Currently operating as a retail business. The thoughtfully designed floor plan provides an efficient workflow, open retail space. Long term lease in place. The building features: Spacious open-concept retail floor plan, Private office, restroom, Municipal water and sewer. One of the property's most attractive features is its future expansion potential. Subject to municipal approvals, the building offers the opportunity to construct a second floor, creating additional professional office suites, residential apartments, or mixed-use space, providing significant long-term income potential and increased property value. The property is just minutes from NYS Route 17 / Interstate 86, providing convenient access throughout Sullivan County and the greater Hudson Valley region. 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
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
1960
Price
$799,000
Price Per SF
$159.80
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
B2 - Commercial
Parking
4 Spaces (0.8 Spaces per 1,000 SF Leased)
Frontage
88’ on North Street
Property Taxes
| Parcel Number | 4601-111-0-0005-017-000 | Improvements Assessment | $87,500 |
| Land Assessment | $43,500 | Total Assessment | $131,000 |
Property Taxes
Parcel Number
4601-111-0-0005-017-000
Land Assessment
$43,500
Improvements Assessment
$87,500
Total Assessment
$131,000
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