About 515 Broadway
Prime commercial opportunity in the heart of the Village of Monticello, offering both immediate income and future development potential. This property includes two parcels with municipal water and sewer. Parcel #111.-12-14 features a 704 sq. ft. commercial building situated on 0.11 acres, currently leased at $1,200 per month on a triple net basis, providing steady income with minimal landlord expenses. Also included is adjacent Parcel #111.-12-15, a cleared 0.54-acre commercial lot that runs along the right side of the building and extends behind it, creating a versatile footprint suitable for a variety of uses such as fast food, retail, office space, or other commercial development. The combined property offers approximately 100 feet of frontage on Broadway and 295 feet of frontage on Park Avenue, delivering strong visibility, accessibility, and exposure in a well-traveled area. With its central location and flexible potential, this is an excellent opportunity for investors, developers, or owner-users looking to expand or build in a growing commercial corridor. Survey available.
Features of 515 Broadway
| MLS® # | 979288 |
|---|---|
| Price | $789,000 |
| Square Footage | 704 |
| Type | Commercial |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 515 Broadway |
|---|---|
| City | Monticello |
| County | Sullivan County |
| State | NY |
| Zip Code | 12701 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Ducts, Forced Air, Heat Pump |
|---|---|
| Cooling | Ductless, Electric |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Construction | Frame |
|---|
Additional Information
| Date Listed | April 1st, 2026 |
|---|---|
| Days on Market | 172 |
| Zoning | B1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | R J Katz Realty |
|---|