Prime commercial opportunity in the heart of the Village of Monticello, offering both immediate income and future development potential. This property includes two parcels with municipal water and sewer. Parcel #111.-12-14 features a 704 sq. ft. commercial building situated on 0.11 acres, currently leased at $1,200 per month on a triple net basis, providing steady income with minimal landlord expenses. Also included is adjacent Parcel #111.-12-15, a cleared 0.54-acre commercial lot that runs along the right side of the building and extends behind it, creating a versatile footprint suitable for a variety of uses such as fast food, retail, office space, or other commercial development. The combined property offers approximately 100 feet of frontage on Broadway and 295 feet of frontage on Park Avenue, delivering strong visibility, accessibility, and exposure in a well-traveled area. With its central location and flexible potential, this is an excellent opportunity for investors, developers, or owner-users looking to expand or build in a growing commercial corridor. Survey available.
| MLS # | 979288 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 164 |
| Listing Provided By | R J Katz Realty | Harold B. Reynolds |
| SQ Feet | 704 |
|---|---|
| Story(s) | 1 |
| Zoning | B1 |
| Cooling | Ductless, Electric |
|---|---|
| Heating | Ducts, Forced Air, Heat Pump |
| Construction Materials | Frame |
|---|
| Utilities | Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6341 |
| State | NY |
|---|---|
| County | Sullivan County |
| City | Monticello |
| Zip Code | 12701 |
| Listing VS Median (in 12701) | |
Price: $789,000 low | high Med: $385,000 sqft: 704 low | high Med: 2,062 $ / sqft: $1,121 low | high Med: $187 On site: 164 low | high Med: 121 | |
| State | NY |
|---|---|
| County | Sullivan County |
| City | Monticello |
| Zip Code | 12701 |
| Listing VS Median (in 12701) | |
Price: $789,000 low | high Med: $385,000 sqft: 704 low | high Med: 2,062 $ / sqft: $1,121 low | high Med: $187 On site: 164 low | high Med: 121 | |