497 Broadway, Thompson, NY, 12701
$1,300,000
activeLot Size
5,100 sqft
Year Built
2025
Stories
2
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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 - 111-7-2, 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.
Listed by Marie Savage, Curasi Realty, Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jul 29, 2026, 2:37 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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