452 Broadway Monticello, NY 12701
0.62 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1025111
Rental Info No
Year Built 1920
Annual Tax Amount $6,999
Lot Size 0.619 Acres
Acres 0.6187
Property Sub-Type Mixed Use
Source onekey2
Property Description
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 - 111-5-16, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-18
Location
State NY
County Sullivan County
Rooms
Basement Storage Space
Interior
Heating Forced Air
Cooling Central Air, Ductless
Fireplace No
Exterior
Parking Features Private
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Building
Lot Description Back Yard
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools George L Cooke School
Middle Schools Robert J Kaiser Middle School
High Schools Monticello
School District Monticello
Others
Special Listing Condition None
