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485 Broadway Monticello, NY 12701

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For Sale
$460,000

Turn-key four-unit building with long-term tenants on Broadway.

Property size:
6,922 SF
Lot size:
0.17 Acres

Property Features for 485 Broadway

General Information

Standard status
Active
Size
6,922 SF
Lot size
0.17 Acres

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Listing Contact
Randi Moody
Source: Exitrealty

Listing Agency: Malek Properties Listing Agent: Randi Moody

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Four-Unit Building on Broadway

This four-unit, ground-floor building is located on Broadway and is in turn-key condition. The structure features a new roof, new gutters, and new soffits. The crawl space contains new water pipes, a water meter, a sump pump, and foam insulation. Electric meters have been separated for easy billing. The camera system can hold approximately two weeks of footage. One tenant rents both the restaurant space and a small office with an entry around the corner. The office space for rent includes a kitchen, an open room, and a bathroom. The other office is small, with room for a desk and storage. The property size is 6922 square feet. Financials are available for serious buyers. The cap rate is 7.7%.
Location Intelligence

Current Use by Public Records

Annie’s HomeStyle Kitchen Restaurant Angel Nails Nail Salon

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Monticello
County
Sullivan
State
New York
Longitude
-74.6898882
Latitude
41.6555306

FAQs

What type of property is this?
Storefront property - Turn-key four-unit building with long-term tenants on Broadway.
Where is this storefront property located?
The property is located at 485 Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: - 7.7% Cap Rate; - Turn-key condition four-unit building; - Prime location in the middle of town on Broadway
More about this property
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