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Listed by: Malek Properties, Inc.

$460,000

Est. payment - /mo

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5 Baths

3,461 SqFt

Active

485 Broadway Monticello, NY 12701

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,461 sqft

Price per Sqft $132

MLS Listing ID 20263879

Year Built 1930

Annual Tax Amount $6,780

Tax Year 6780

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Business

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Property Description

Motivated seller presents a premier investment opportunity on the most sought-after block in Monticello! Located right in the heart of town, this four-unit, ground-floor building is in turn-key condition and currently fully occupied, with long term, well established tenants, providing immediate stability and cash flow. The building features two primary commercial anchors: a restaurant and a nail salon. In addition to these retail spaces, the property includes a significantly sized office space located around the corner--complete with its own kitchen, open room, and bathroom--plus an additional smaller office perfect for a desk and storage. The property has been meticulously maintained with extensive recent capital improvements. The exterior features a brand-new roof, new gutters, and new soffits, while the infrastructure has been upgraded with all-new water pipes, a new water meter, a sump pump, and foam insulation in the crawl space. For seamless management, the electric meters are separated for easy billing. Security is also handled by an integrated camera system with two weeks of storage. This is a rare chance to acquire a fully leased, turn-key asset in a high-traffic location. Financials are available for serious buyers--bring your offers today!

Location

State NY

County Sullivan

Area Other

Zoning B2

Interior

Heating Forced Air, Heat Pump, Propane Stove

Cooling Heat Pump, Wall Unit(s), Wall/Window Unit(s)

Flooring Ceramic Tile

Exterior

Utilities Available Propane

Building

Lot Description City Lot, Corner Lot, Near Public Transit

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 484601111 0007005000

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