$1,350,000
74 Pleasant ST Monticello, NY 12701
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$1,350,000
Est. payment /mo
Active
74 Pleasant ST Monticello, NY 12701
UPDATED:
07/09/2024 08:16 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6315843
Originating Board onekey
Rental Info No
Year Built 1980
Annual Tax Amount $27,535
Property Description
Unbeatable Investment offering! Great tenant, Napa Auto and Truck Parts, with 10 years left on the lease (two 5 year options), annual increases, and has been there for 5 years. Building is well-maintained and in good condition with three-phase electric on .63 +/- acres. Plenty of paved parking, overhead door and full finished lower level with loading dock. Location is amazing in the heart of busy Monticello near Walmart, Home Depot, ShopRite, Old Navy, Marshalls, Rite Aid, food franchises, banks, gas stations, and more. Beer World is across the street. High traffic area and high visibility close to exit ramps for NYS Rt 17 / I-86. Also offered with two other stores if you are seeking an investment bundle. Tenants pay utilities, minor repairs, water and sewer and insurance on contents. Landlord pays taxes, building insurance and major repairs only. Cap rate on this one is 7%, the other two are at 9.7% and 10%!
Location
State NY
County Sullivan
Zoning comm
Interior
Heating Oil, Forced Air
Cooling Wall Unit(s)
Fireplace No
Building
Sewer Public Sewer
Water Public
Structure Type Block
Schools
School District Monticello
Others
Special Listing Condition None
Listed by Malek Properties • 845-583-6333
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