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59 Lanahan Rd

6 Acres of Commercial Land Offered at $950,000 in Monticello, NY 12701

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Investment Highlights

Busy commercial/retail area

Level, mostly cleared parcel

Executive Summary

Central business district in Sullivan County. The district is growing

Property Facts

Price	$950,000	Proposed Use	Retail Hotel Restaurant
Sale Type	Investment	Total Lot Size	6.00 AC
No. Lots	1	Cross Streets	NYS Route 42
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Price	$950,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Hotel Restaurant
Total Lot Size	6.00 AC
Cross Streets	NYS Route 42
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$950,000	Lot Size	6.00 AC
Price Per AC	$158,333

Price	$950,000
Price Per AC	$158,333
Lot Size	6.00 AC

Description

Well-located commercial parcel (Thompson HC-2 Zoning) in the heart of the Town of Thompson business district. Well suited for Hotel, Retail, Box store, Shopping Center, Restaurants, etc. Located just off I 86/Rt. 17 Exit 105B. Access (egress only) next to Taco Bell on Route 42 with long frontage on Lanahan Road. Lanahan Road is a right turn at the traffic light for Walmart. The parcel has municipal sewer and part of the parcel is in the municipal water district. May require annexation of the entire parcel into the water district.

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