For Sale
$419,000

259 State Route 17B Monticello, NY 12701

High-traffic retail space, 2.5 acres, liquor license.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 2.5-acre commercial property at 259 State Route 17B in Monticello, NY, presents a unique investment or redevelopment opportunity. Boasting 206 feet of road frontage on a highly trafficked route (13,878 AADT in 2019), this site benefits from its strategic location near prominent attractions including Bethel Woods Center for the Arts, Resorts World Casino, Monticello Motor Club, and Monticello Raceway. Currently zoned CI, allowing for diverse uses, the property includes a substantial existing building, formerly a nightclub/bar, complete with a transferable liquor license. The large parking lot offers ample space for customers and potential expansion. The property's level land makes it ideal for redevelopment, aligning with the ongoing revitalization efforts transforming Monticello and the State Route 17B corridor. The seller is open to leasing the property at a net-net-net (NNN) rate of $4,750 per month. This presents a compelling opportunity to capitalize on the area's growth and establish a thriving business in a prime location. The existing structure offers immediate occupancy potential, while the expansive land provides significant flexibility for future development.

Property Details for 259 State Route 17B

Property type
Retail properties

Location Insight

City
Monticello
County
Sullivan
State
New York
Latitude
41.66618
Longitude
-74.72246

FAQs

What type of property is this?
Retail property - High-traffic retail space, 2.5 acres, liquor license.
Where is the retail property located?
The property is located at 259 State Route 17B Monticello, NY.
What is the asking price?
The asking price for this property is $419,000.
How can I contact the broker?
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259 State Route 17B
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