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489 Broadway
Monticello, NY 12701

Broadway Theatre · Retail Property For Sale

Investment Highlights

  • Old Theater in Need of Renovation
  • Plenty of Parking
  • Located Near Resorts World Catskills Casino
  • On Main Drag in an Up-and-Coming Village

PROPERTY FACTS

Property Type
Retail
Property Subtype
Movie Theatre
Building Size
10,000 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.29 AC
Zoning
Commercial
Parking
15 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
108 FT on Broadway and Liberty St

About 489 Broadway , Monticello, NY 12701

Bring the Broadway Theater back to life! Located on the main drag of the Village of Monticello, home of the NEW Resorts World Casino as well as the New Water Park and Yoga Center. Monticello is in the midst of a Renaissance. The face-lift has begun, and this is a ground floor opportunity. This is a huge project for someone with a vision to make this property shine again. Theater currently houses one screen and 800+ seats. The building in need of extensive rehabilitation, but construction seems solid. Systems have been off for some time, no representations. There are 2 storefronts in the building, one on each side of the theater entrance. Property is "L" shaped, includes a private parking lot, and abuts public parking lot in rear. Fronts on Broadway and also Liberty Street with parking. Near to Post Office, restaurants church, many other stores and businesses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4601-111-0-0003-014-000
Land Assessment
$29,400
Improvements Assessment
$95,600
Total Assessment
$125,000
  • Listing ID: 11626917

  • Date on Market: 2/16/2018

  • Last Updated:

  • Address: 489 Broadway, Monticello, NY 12701

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