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Mixed-Use Portfolio with Parking Lot
For Sale
$8,500,000

456 Broadway, Monticello, NY 12701

B-2 zoning supports retail, office, restaurant, and residential uses.

Property Size13,225 SF
Days on Market9

Property Features for 456 Broadway

General Information

Standard status Active
Size 13,225 SF
Property subtype Commercial
Zoning B2

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $9,168

Amenities

commercial parking lot

Building Details

Building Size 13,225 SF
Buildings 7
Tenancy Multi
Listing Agency: Curasi Realty, Inc.
Listed By: Marie Savage · License #10401302009
Source: Cohenandcohenrealty
Added: Jul 30 Changed: Aug 4 Last Checked: Aug 7 at 10:08AM

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 Curasi Realty, Inc.

Investment Insights

Based on property information with market context.

This mixed-use portfolio comprises seven buildings and a dedicated commercial parking lot in Monticello’s Central Business District along Broadway. The properties combine retail storefronts, professional office areas, restaurants, and a residential unit, with both occupied and vacant suites across the offering. Several buildings have long-term tenants, while other spaces remain available for lease-up or reconfiguration.

Capital improvements include updated electrical systems, high-efficiency HVAC and mini-split heating and cooling systems, new windows, refreshed flooring, interior renovations, and security systems. Municipal water and sewer serve the portfolio. More than 5,000 square feet of undeveloped space is included, with potential conversion to professional offices, residential apartments, or other permitted uses subject to Village approvals.

All properties are within the B-2 Business District, which permits retail and wholesale businesses, professional and medical offices, service businesses, restaurants, funeral homes, and residential uses. The commercial parking lot can support existing operations, generate income, or accommodate future plans.

Key Highlights

  • Seven mixed‑use buildings plus a dedicated commercial parking lot
  • Retail storefronts, professional offices, restaurants, and a residential unit
  • More than 5,000 square feet of undeveloped space

Property Analytics

Current Use

Broadway Barber Shop Barber Shop Nelly's Sports Bar Bar & Pub Rialto Theater (Monticello, ... Cinema Schultz Robert W Accounting Firm

Suggested Use

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

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

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

838
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - B-2 zoning supports retail, office, restaurant, and residential uses.
Where is this mixed-use property located?
The property is located at 456 Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Seven mixed‑use buildings plus a dedicated commercial parking lot; Retail storefronts, professional offices, restaurants, and a residential unit; More than 5,000 square feet of undeveloped space
More about this property
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