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Historic Mixed-Use Redevelopment Building
For Sale
$520,000

5 Bank St, Monticello, NY 12701

Grand historic brick building with renovated basement and meeting hall, with zoning flexibility for retail, offices, dining, and services.

Property Size13,680 SF
Price / SF$38.01
Days on Market477

Property Features for 5 Bank St

General Information

Standard status Active
Size 13,680 SF
Property subtype Mixed Use

Building Details

Stories 3
Listing Agency: R J Katz Realty
Listed By: Harold Reynolds · License #10371201599
Source: Xome
Added: Apr 18, 2025 Changed: Jul 10 Last Checked: Jul 16 at 5:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R J Katz Realty

Investment Insights

Based on property information with market context.

This historic brick landmark, commonly known as the Masonic Building, offers a redevelopment-ready foundation with substantial work already completed. The property is approximately 13,680 square feet across three expansive floors of roughly 4,560 square feet each, plus a full basement level. Improvements include a newly poured concrete basement floor, repointed stone foundation walls to improve water resistance, new sewer piping, and installation of a hot water heater. Interior renovation has also begun throughout the building, including new subflooring, removal of ceilings, structural reinforcements where needed, and installation of new sheetrock in many rooms.

A standout feature is the original Masonic meeting hall on the top floor. This large open room remains in remarkably good condition and reflects the building’s historic character.

The property’s zoning supports a variety of potential uses, including retail stores, professional offices, restaurants, studios, or service businesses on the lower level, with the possibility of multiple residential apartments on the upper floors. Located in the Village of Monticello, it sits just a few hundred feet from Broadway and is within walking distance to shopping, restaurants, transportation, and other local amenities. Municipal parking is conveniently located nearby, and the property provides easy access with approximately 1.5 hours to New York City.

Key Highlights

  • Historic brick “Masonic Building” in Monticello with a large original Masonic meeting hall on the top floor
  • Approx. 13,680 sq. ft. total across three floors (~4,560 sq. ft. each) plus a full basement level
  • Renovations include newly poured concrete basement floor, repointed stone foundation walls, new sewer piping, and hot water heater installation

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Storage Facility Skin Care Clinic Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby

Demographics for 12701, NY

12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Grand historic brick building with renovated basement and meeting hall, with zoning flexibility for retail, offices, dining, and services.
Where is this mixed-use property located?
The property is located at 5 Bank St Monticello, NY.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Historic brick “Masonic Building” in Monticello with a large original Masonic meeting hall on the top floor; Approx. 13,680 sq. ft. total across three floors (~4,560 sq. ft. each) plus a full basement level; Renovations include newly poured concrete basement floor, repointed stone foundation walls, new sewer piping, and hot water heater installation
More about this property
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