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Leased Restaurant Building
For Sale
$899,000

500 Broadway, Monticello, NY 12701

COMMERCIAL - Monticello, NY

Property SizeContact for details
Lot Size0.19 Acres
Days on Market23

Property Features for 500 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Rooms Basement
Parking 12
Basement Storage Space
Elementary school George L Cooke School
Middle school Robert J Kaiser Middle School
High school Monticello High School
Elementary school district Monticello
Middle school district Monticello
High school district Monticello
Standard status Active
APN 4601-111-0-0003-017-001
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7874

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Building materials Stucco
Listing Agency: Curasi Realty, Inc.
Listed By: Marie Savage · License #10401302009
Added: Jul 28 Changed: Aug 18 Last Checked: Aug 19 at 2:06PM
MLS# 1021955

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property at 500 Broadway is fully leased to an established restaurant under a long-term lease. Recent work includes interior renovations, a roof update, and high-efficiency mini-split heating and air conditioning systems. The building is constructed with stucco and includes a basement, central air, and forced-air heating.

The property sits along Broadway, identified as Monticello’s primary commercial corridor, with estimated daily traffic of 8,000 to 12,000 vehicles and pedestrian activity in the downtown business district. Access to NYS Route 17 / Interstate 86 connects the site with the broader Hudson Valley and Catskills region. Public water and public sewer serve the property, which is zoned B2.

Key Highlights

  • Fully leased to an established restaurant under a long‑term lease
  • 0.1894‑acre property at 500 Broadway in Monticello
  • Estimated traffic of 8,000 to 12,000 vehicles per day

Property Analytics

Current Use

Nelly Latin Restaurant Restaurant Nelly's Latin Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store Skin Care Clinic

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

12,000 VPD
Traffic count
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
9,819 visits/mo 0.4 miles
Dollar General Shops & Services
6,966 visits/mo 0.3 miles
Gulf Oil Shops & Services
5,852 visits/mo 0.1 miles
TD Bank Shops & Services
4,723 visits/mo 0.2 miles
Citgo Shops & Services
2,548 visits/mo 0.3 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Wan Bo Buffet 36 Forestburgh Rd #1833, Monticello, NY 12701

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully occupied restaurant property with recent interior, roofing, and mechanical improvements in Monticello’s downtown business district.
Where is this conventional restaurant located?
The property is located at 500 Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Fully leased to an established restaurant under a long‑term lease; 0.1894‑acre property at 500 Broadway in Monticello; Estimated traffic of 8,000 to 12,000 vehicles per day
More about this property
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