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Broadway
Monticello, NY 12701
Land For Sale · 0.40 AC

Investment Highlights

  • Commercial land opportunity with flexible potential for parking, redevelopment, or support uses for nearby businesses.
  • Existing parking lot configuration offers immediate income-generating and value-add opportunities.
  • Municipal water and sewer service enhance the property's appeal for future improvements and development.
  • Located along a prominent commercial corridor with strong potential for mixed-use or commercial redevelopment, subject to approvals.

Executive Summary

The property consists of approximately 17,500 square feet with 50 feet of road frontage and a depth of 350 feet, providing ample space for a variety of commercial development opportunities. The parcel is serviced by municipal water and sewer, reducing development costs and making it an attractive site for future improvements. Currently utilized as a parking lot, this property presents multiple investment possibilities. Continue operating it as a parking facility, improve and pave the site to generate additional rental income, or utilize it to support neighboring commercial buildings with much-needed tenant and customer parking. Subject to Village approvals, the property also offers excellent redevelopment potential for a mixed-use building featuring commercial space on the ground floor with residential apartments or professional offices above. Whether you're seeking an income-producing parking asset, land for future development, or a strategic addition to an existing commercial portfolio, this property offers exceptional flexibility and long-term investment potential in one of Sullivan County's most active commercial corridors. SBL'S included in this sale - 111-5-16, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-1.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.40 AC
Opportunity Zone Yes
Zoning B2 - Commercial

1 Lot Available

Lot

Price $250,000
Price Per AC $622,285.28
Lot Size 0.40 AC

The property consists of approximately 17,500 square feet with 50 feet of road frontage and a depth of 350 feet, providing ample space for a variety of commercial development opportunities.

Description

Located in the heart of Monticello, this commercial land opportunity benefits from a central setting surrounded by retail, service businesses, and community amenities. The property offers convenient access to major transportation routes, making it well-positioned for a variety of commercial uses. Situated within Sullivan County's established business corridor, the site is near local dining, shopping, and government services that drive consistent activity throughout the area. Its strategic location and proximity to ongoing economic development initiatives make it an attractive opportunity for investors, developers, and owner-users seeking a presence in a growing market.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 4601-111-0-0005-003-000
  • 4601-111-0-0005-016-000
Land Assessment
$75,600
Improvements Assessment
$49,200
Total Assessment
$124,800
  • Listing ID: 41495528

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: Broadway, Monticello, NY 12701

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