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458 Broadway
Monticello, NY 12701
Retail Property For Sale


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, excellent product display areas, and established systems already in place for daily operations. Whether continuing the current business or introducing a new concept, this turnkey opportunity significantly reduces startup costs and time. The building features: Spacious open-concept retail floor plan, Private office, Two restrooms, Municipal water and sewer, Excellent storefront visibility Flexible layout suitable for a variety of commercial uses. This versatile property is ideal for an owner-occupant looking to establish a highly visible Main Street presence or for an investor seeking a commercial asset with leasing potential. The generous interior layout can easily accommodate retail, professional office, medical, restaurant, fitness, personal services, boutique, gallery, or specialty commercial uses. 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. Located on Broadway, Monticello's primary commercial corridor, the property enjoys outstanding exposure from both heavy daily vehicle traffic and consistent pedestrian activity, making it an ideal location for businesses that rely on visibility and customer accessibility. 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
Storefront
Building Size
2,970 SF
Building Class
B
Year Built
1915
Price
$799,000
Price Per SF
$269.02
Percent Leased
100%
Building Height
1 Story
Building FAR
0.52
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
B2 - Mixed Use
Parking
4 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
29’ on Broadway
Property Taxes
| Parcel Number | 4601-111-0-0005-018-000 | Improvements Assessment | $65,800 |
| Land Assessment | $31,000 | Total Assessment | $96,800 |
Property Taxes
Parcel Number
4601-111-0-0005-018-000
Land Assessment
$31,000
Improvements Assessment
$65,800
Total Assessment
$96,800
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