About This Home
This 0-bedroom, 0-bathroom commercial at 452 Broadway in Monticello, NY is listed for $1,700,000. Built in 1920, on a 0.62 acres lot.
Key Features
- Built in 1920
- 0.62 acre lot
- 2 stories
Property Details
Amenities
Premier Downtown Mixed-Use Investment with Significant Value-Add Opportunity. Position your investment at the center of Monticello's revitalization with this fully leased mixed-use commercial property located on the Village's highly traveled Broadway corridor.
Offered as part of a larger investment portfolio consisting of seven mixed-use buildings and one parking lot. Immediate, stable cash flow and exceptional upside potential, 452 Broadway presents a rare opportunity for investors seeking both current income and future appreciation.
The property features 7,316 square feet on a 25,950-square-foot lot and is 100% occupied with four established commercial tenants, providing dependable rental income from day one. The storefronts have been renovated with modern finishes, creating an attractive and highly visible retail presence in one of Sullivan County's busiest commercial districts.
A major value driver is the approximately 5,000 square feet of unfinished second-floor space, where all new windows have already been installed. This expansive area offers tremendous redevelopment potential and is well suited for conversion into four residential apartments, five or more professional office suites, coworking space, medical offices, or executive suites (subject to municipal approvals).
Completing the second-floor renovation provides a clear path to substantially increasing the property's income and overall value. Strategically located within the Village of Monticello and all zoned B-2 Mixed Use Commercial. With immediate rental income already in place, modern building improvements completed, and substantial expansion potential re
maining, 452 Broadway represents an ideal opportunity for investors, developers, or owner-users looking to capitalize on the continued growth and redevelopment of downtown Monticello. SBL'S included in this sale - 111-5-16, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-18
Monthly Cost Estimate
$9,092/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
452 Broadway
Monticello, NY 12701
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 452 Broadway is listed at $1,700,000. The estimated monthly payment is $9,092 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.62 acre lot, 2 stories.
This property is listed by Marie Savage and can be reached at 9145621292.




