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485 Broadway

6,922 SF 100% Leased Retail Building Monticello, NY 12701 $460,000 ($66/SF)

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Investment Highlights

Heavy daytime foot traffic
Busy business district

Established businesses already in place

Executive Summary

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 and 2 spaces ready to go for rental. One office space 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. Strong cap rate!