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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 $1,500 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.

Highlights

  • Commercial Sale
  • Business
  • 222 days on Market

  • Stories
    1.0
  • Construction Materials
    Frame
  • Cooling
    Ductless, Electric
  • Heating
    Forced Air, Heat Pump

  • Utilities
    Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Underground Utilities, Phone Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 515 Broadway?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 515 Broadway.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 515 Broadway?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $789,000. We can talk through recent upgrades, potential seller motivation, how this business compares to others in Monticello, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 515 Broadway?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 515 Broadway at around $5,018. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 515 Broadway?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Sullivan County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 515 Broadway?

In most cases, yes. Whether 515 Broadway is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Monticello's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 515 Broadway?

We can handle that for you. Our preferred local agent specializes in commercial sales in Monticello and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $789,000 with 704 sqft of space—that comes out to approximately $1,121 per square foot.

How long has this property been on the market?

515 Broadway was listed on April 01, 2026, which means it's been on the market for 222 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What are the property taxes for 515 Broadway?

The most recent public record shows annual property taxes for 515 Broadway were approximately $6,341. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 515 Broadway still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 09, 2026 at 07:56PM | Source: OneKey MLS | MLS#: 979288