Property summary
This exceptional retail property, located at 100 E Broadway in Monticello, NY, presents a unique investment opportunity. Situated on a 0.23-acre lot, the 1,319 square foot building enjoys a prime location just off Exit 106, offering unparalleled visibility and accessibility. The property is part of a former shopping center, Apollo Plaza, ensuring high foot traffic and proximity to other established businesses. Currently leased to an auto repair shop, this property offers immediate income potential for investors. The sale includes the land and building only. The building features oil-fueled above-ground heating. This location offers significant potential for a variety of businesses seeking high visibility and convenient access for customers. The property's strategic placement within a bustling commercial area makes it an ideal investment for entrepreneurs looking to establish or expand their operations. The existing lease provides a stable income stream while allowing for future development and expansion opportunities. Don't miss this chance to acquire a well-positioned retail space in a thriving commercial hub. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
chment 8 - BLI District Schedule of Use, Area and Bulk Regulations Attachment 9 - SCAHFD Schedule of Use, Area and Bulk Regulations Attachment 10 - EBV District Schedule of Use, Area and Bulk Regulations Attachment 11 -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
EBG · Monticello, NYchment 8 - BLI District Schedule of Use, Area and Bulk Regulations Attachment 9 - SCAHFD Schedule of Use, Area and Bulk Regulations Attachment 10 - EBV District Schedule of Use, Area and Bulk Regulations Attachment 11 -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
chment 8 - BLI District Schedule of Use, Area and Bulk Regulations Attachment 9 - SCAHFD Schedule of Use, Area and Bulk Regulations Attachment 10 - EBV District Schedule of Use, Area and Bulk Regulations Attachment 11 -…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for EBG in Monticello, NY.
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- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight