Montgomery real estate for sale in Montgomery

456 Broadway, Monticello, NY 12701

[Monticello Real Estate, listing number 7319435]



Description: 7319435
   Premier Downtown Investment Portfolio / 7 Mixed-Use Buildings + 1 Parking Lot / Village of Monticello, NY. A rare opportunity to acquire a stabilized commercial real estate portfolio in the heart of the Village of Monticello''s Central Business District. This offering consists of seven mixed-use buildings and one commercial parking lot, strategically positioned along Broadway, the Village''s primary commercial corridor. With a combination of established income-producing properties and significant value-add opportunities, this portfolio is ideal for investors seeking immediate cash flow with long-term appreciation and redevelopment potential. The portfolio includes a diverse mix of retail storefronts, professional office space, restaurants, and a residential unit, creating a well-balanced investment with multiple income streams. Several properties feature long-term tenants, while vacant suites provide opportunities to increase occupancy, rental income, and overall portfolio value. Ownership has invested substantially in capital improvements throughout the portfolio, including:

Details:
   Property Type: Commercial
   Acres: 0.58
   School District: Monticello

Financials:
   Price: $8,500,000
   Taxes: $9,169