StarSchmaler

497 Broadway, Monticello, NY 12701

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Property Description

Prime Mixed-Use Investment Opportunity | Value-Add Asset | Portfolio Offering. An exceptional opportunity to acquire a fully renovated mixed-use building in the heart of the Village of Monticello, offered as part of a larger investment portfolio consisting of seven mixed-use buildings and one parking lot. The property features four units, including three commercial suites and one residential apartment. Currently, two units are leased to long-term tenants, while two vacant commercial suites present an outstanding opportunity to increase cash flow by leasing at current market rates or occupying the space with your own business. The building has been extensively updated, with renovated suites, municipal water and sewer, and high-efficiency mini-split heating and air conditioning systems installed throughout, providing modern comfort and energy efficiency while minimizing maintenance costs. One of the property's greatest assets is its large private parking lot with approximately 16 dedicated parking spaces, a highly desirable feature for both office and retail tenants in downtown Monticello. Strategically located on Broadway, the Village's primary commercial corridor, the property enjoys excellent visibility and benefits from steady daily vehicle traffic and pedestrian activity. Broadway serves as the central business district for Monticello, connecting local businesses, government offices, healthcare providers, restaurants, and retail establishments, while offering convenient access to NYS Route 17 / Interstate 86, making it easily accessible to both local residents and regional visitors. SBL'S included in this sale - 111-5-16, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-18LA must accompany all showings.

497 Broadway | MLS# 1021958

This commercial property located at 497 Broadway, Monticello, NY 12701 is currently listed for sale with an asking price of $1,300,000. Broadway is located within the Monticello school district. Search Monticello real estate on star-schmaler.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Multiple
Basement: Storage Space
Cooling: Ductless
Heating: Forced Air
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $6,999
Year Built: 2025

Feature Descriptions

Building Area Total: 6950
Business Type: Commercial, Construction/Contractor, Mixed, Professional Service, Residential
Days on Site: 2
Exterior: Stone, Stucco
Fencing: Back Yard, Chain Link
Heating Zones: 4
Lot Features: Back Yard
On Market Date: 2026-07-29
Other Structures: Garage(s)
Parcel Number: 4601-111-0-0007-003-000
Parking Features: Parking Lot
Parking Total: 16
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: Cable Connected, Electricity Connected, Phone Connected, Water Connected
Water: Public

Local Schools

High School: Monticello High School
Middle School: Robert J Kaiser Middle School
Elementary School: George L Cooke School
School District: Monticello

Demographics

Listed By / Shown By

Listing By

Agency Name: Curasi Realty, Inc.
Agency Contact: 914-562-1292

Shown By

Agent Name: Star Schmaler
Agent Phone: (413) 281-3988 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/31/2026. The listing information on this page last changed on 07/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/31/2026 1:50:52 PM EST) or Global MLS (last updated Fri 07/31/2026 1:39:13 PM EST) or New York State Alliance MLS (last updated Fri 07/31/2026 1:47:23 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 07/31/2026 1:41:30 PM EST) or Berkshire MLS (last updated Fri 07/31/2026 12:13:54 PM EST) or OneKey MLS (last updated Fri 07/31/2026 1:44:46 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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