493 Broadway, Monticello, NY 12701
493 Broadway, Monticello, NY 12701
493 Broadway, Monticello, NY 12701
493 Broadway, Monticello, NY 12701
493 Broadway, Monticello, NY 12701
493 Broadway, Monticello, NY 12701
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 1,100,000
Est. payment | /mo

5,000 Sqft Lot

Save
$ 1,100,000
Est. payment | /mo
Save

5,000 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1021959

Rental Info No

Annual Tax Amount $6,726

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Mixed Use

Source onekey2

Property Description

Prime Commercial Investment Opportunity | Owner-Occupant Potential | Portfolio Offering. Discover an exceptional investment opportunity in the heart of the Village of Monticello's thriving downtown business district. 493 Broadway is being offered as part of a premier commercial portfolio consisting of seven mixed-use buildings and one parking lot, providing investors the opportunity to acquire a quality income-producing asset as part of a larger investment package. This well-maintained commercial property features two ground-floor commercial storefronts. One unit is occupied by a well-established, thriving restaurant with a long-term tenancy, providing immediate and reliable rental income. The second unit is currently vacant, creating an ideal opportunity for an owner-occupant to establish a new business, professional office, retail boutique, or service-oriented operation while benefiting from the existing cash flow generated by the occupied space. Serviced by municipal water and sewer, the property offers low-maintenance ownership and is positioned for long-term investment success. The property's B-2 Business District zoning provides flexibility for a variety of commercial uses and, with the appropriate municipal approvals, offers the potential for future expansion or redevelopment, allowing investors to further maximize the property's value. Located on Broadway, Monticello's primary commercial corridor, the property enjoys outstanding visibility with an estimated 8,000 to 12,000 vehicles passing daily, along with consistent pedestrian traffic. Its central location offers convenient access to NYS Route 17 / Interstate 86, making it easily accessible for customers, clients, and employees throughout Sullivan County and the greater Hudson Valley. 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

Fireplace No

Exterior

Parking Features Private

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Building

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Stone

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

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Curasi Realty, Inc. • Marie Savage
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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493 Broadway

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