Description
The property consists of approximately 17,500 square feet with 50 feet of road frontage and a depth of 350 feet, providing ample space for a variety of commercial development opportunities. The parcel is serviced by municipal water and sewer, reducing development costs and making it an attractive site for future improvements. Currently utilized as a parking lot, this property presents multiple investment possibilities. Continue operating it as a parking facility, improve and pave the site to generate additional rental income, or utilize it to support neighboring commercial buildings with much-needed tenant and customer parking. Subject to Village approvals, the property also offers excellent redevelopment potential for a mixed-use building featuring commercial space on the ground floor with residential apartments or professional offices above.Whether you're seeking an income-producing parking asset, land for future development, or a strategic addition to an existing commercial portfolio, this property offers exceptional flexibility and long-term investment potential in one of Sullivan County's most active commercial corridors.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, 111-5-1.
Details
| MLS # | 1032790 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 89 |
| Listing Provided By | Curasi Realty, Inc. | Marie Savage |
Features
| Zoning | B2 |
|---|---|
| Acreage | 0.40 |
Utilities
| Utilities | Cable Available, Electricity Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 26800 |
| Tax Annual Amount | 1875.79 |
| Tax Lot | 16 |
Area Information
| State | NY |
|---|---|
| County | Sullivan County |
| City | Monticello |
| Zip Code | 12701 |
| School District | Monticello High School |
| Elementary School | George L Cooke School |
| High School | Monticello High School |
| Listing VS Median (in 12701) | |
Price: $250,000 low | high Med: $375,000 On site: 89 low | high Med: 39 | |
Market Activity 12701
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Learn More About This Property
| State | NY |
|---|---|
| County | Sullivan County |
| City | Monticello |
| Zip Code | 12701 |
| School District | Monticello High School |
| Elementary School | George L Cooke School |
| High School | Monticello High School |
| Listing VS Median (in 12701) | |
Price: $250,000 low | high Med: $375,000 On site: 89 low | high Med: 39 | |