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Commercial Property in Monticello Village
For Sale
$789,000

515 Broadway, Monticello, NY 12701

Commercial property with building and additional lot in Monticello.

Property Size704 SF
Lot Size0.65 Acres
Price / SF$1,120
Days on Market205

Property Features for 515 Broadway

General Information

Standard status Active
Size 704 SF
Lot size 0.65 Acres

Taxes and HOA fees

Annual Taxes $6,341
Listing Agency: R J Katz Realty
Listed By: Harold B. Reynolds · License #10371201599
Source: Exprealty
Added: Jan 26 Changed: Aug 15 Last Checked: Aug 19 at 10:20AM

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 commercial property features a 704 sq ft building currently leased at $1,200 per month on a triple net lease. The property is situated on a 0.11-acre parcel, identified as tax map # 111.-12-14. Additionally, the offering includes a 0.54-acre commercial lot adjacent to the building, extending behind it, identified as tax map # 111.-12-15. Both parcels benefit from municipal water and sewer services and are located in the heart of the Village of Monticello. The property has 100 feet of road frontage on Broadway and 295 feet of road frontage on Park Ave. The cleared lot is suitable for various development opportunities, including fast food, retail, or an office building. A survey is available for review.

Key Highlights

  • Cleared 0.54 acre lot suitable for various builds like Fast Food, Retail, or Office.
  • Includes two parcels: one with a 704 sq ft building currently leased at $1,200/month (NNN).
  • Located in the heart of Monticello with municipal water and sewer.

Property Analytics

Current Use

Sureway Taxi Courier Service Cell-EZ Computer & Electronic Repair

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Locksmith Auto Parts Store (Bike/Boat/Book/etc) 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

796
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?
Commercial land - Commercial property with building and additional lot in Monticello.
Where is this commercial land located?
The property is located at 515 Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Cleared 0.54 acre lot suitable for various builds like Fast Food, Retail, or Office.; Includes two parcels: one with a 704 sq ft building currently leased at $1,200/month (NNN).; Located in the heart of Monticello with municipal water and sewer.
More about this property
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