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    FOR SALE
    Auto shops

    36 Cold Spring Rd Monticello, NY 12701

    Built 1960
    Property ID
    US63-0999955
    36 Cold Spring Rd, Monticello, NY 12701 For Sale 1 / 35
    $974,900
    36 Cold Spring Rd, Monticello, NY 12701
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    Property summary
    AI-generated overview

    This Monticello location provides substantial versatility for mixed-use development and is situated in a highly desirable area. With its long history as an auto mechanic shop, the lot offers large parking and storage areas plus an investment/ rental unit. The main attraction is the garage, which is just under 3500 square feet, offers five overhead doors of various heights, an office, restroom, has heating, and is currently configured for automotive business. It would also be suitable for other uses such as for contractors, towing business, woodworking, retail establishment, or ideal storage for equipment, etc. Second building, which is approximately 2000 square feet, was formerly a duplex and still has two electric meters. It is rented by a single tenant who has combined the space but could be converted back, if desired. A perfect set up for live/ work, management quarters, or extended business use. Property is zoned HC2 which is favorable for many uses and is serviced by municipal sewer and a drilled well. Municipal water is approximately 500 feet away. Monticello is a very central and convenient location, and this property offers extremely large road frontage of over 700 feet on Cold Spring Road/ County Road 102 making it easy to access for vehicles, deliveries, large trucks and equipment. Zoning and the survey/site plan map are included in the documents.

    Property profile
    Verified
    Property type Auto shops
    Year built 1960
    UPID US63-0999955
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pavese's Service Station Auto Repair Shop
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    36 Cold Spring Rd, Monticello, NY, 12701
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