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485 Broadway Monticello, NY 12701
$460,000
  • Commercial
  • Retail
  • ML# H6317004

Property Details

Overview

The best block on Broadway is presenting a great opportunity! Right smack in the middle of town. This is a four unit, ground floor building in turn key condition with two long term tenants. One tenant rents both the restaurant space and the small office with entry around the corner. The office space to be rented features a kitchen , open room and bathroom and the other is a small office with room for a desk and storage. The structure features a new roof, new gutters and new soffits all around. In the crawl space there are all new water pipes, water meter, sump pump and foam insulation. The electric meters have been separated for easy billing. The camera system will hold about 2 weeks of footage. Financials are available for serious buyers. 7.7% cap rate!

Key Facts

  • Lot Size: 0.1722
  • Taxes: $6,375
  • Sale or Rent: Sale
  • School District: Monticello

Additional Features

  • Construction Materials: Blown-In Insulation
  • Parking Spaces: Yes
  • Parking Facilities: Public Parking, On Street

Interior & Utilities

  • Heat: Electric, Propane, Forced Air, Heat Pump
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $6,375
Listing Information provided courtesy of Malek Properties  845-583-6333
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