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$2,100,000 -$500,000 (-19.23%) Price Reduced
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Property Description
Prime Commercial Opportunity in the Heart of Monticello. PACKAGE DEAL COMMERCIAL BUILDING & ESTABLISHED RESTAURANT This is your chance to own one of the most visible and strategically located commercial buildings in Monticello, NY. Situated just off Route 17 and 17B-key gateways to the renowned Bethel Woods Performing Arts Center-this property offers unbeatable convenience, accessibility, and exposure. The well-maintained building spans just under 3,000 square feet and sits on 1.33 acres of prime real estate, with ample on-site parking. Located in a high-traffic area with maximum visibility, this location is ideal for a restaurant business or many other types of businesses looking to thrive in the Catskills. As an added bonus, the building currently houses a long-established, highly successful restaurant, which is being sold separately. Whether you're looking to continue a proven business model or start something new, this is an unmatched opportunity to own both the real estate and a turnkey operation. Offered at $2,100,000 for the building. The restaurant business is sold separately with a separate owner Don't miss this rare chance to own premier commercial property in one of Sullivan County's most high-profile locations.
Full Property Details
Full Property Details for 28 Raceway Rd
General
- Price: $2,100,000
- Taxes: $16,777
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 875314
- Updated: 1/15/2026
- Added to Site: 220 day(s) ago
Business
- Business Type: Food & Beverage
Location
- County: Sullivan County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Propane, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Block, Brick
- Building Size: 2944
- Square Feet: 2,944
Lot Features
- Lot Size (Acres): 1.33
- Lot Size (Sq. Ft.): 57,935
- Frontage: State Road
Financial Considerations
- Tax Amount: $16,777.67
Disclosures and Reports
- Special Conditions: None
- Property ID: 4601-109-0-0001-007-001
Listed by The Maxx Group LLC
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Schools
Schools serving 28 Raceway Rd
School District:Monticello Central School District
| Name | Grades | Distance |
|---|---|---|
Monticello High School 39 Breakey Avenue, Monticello, NY 12701 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28 Raceway Rd
Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$2,100,000
-19.23%
MLS
11/18/2025
Price Reduced
$2,600,000
-10.34%
MLS
9/19/2025
Price Reduced
$2,900,000
-3.33%
MLS
6/11/2025
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 28 Raceway Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,675
100%
$253,200
—
2021
100%
$253,200
—
2022
-100%
$253,200
—
2016
$6,246
-50%
$253,200
52%
2020
$12,381
22%
$166,700
—
2018
$10,164
62%
$166,700
—
2017
$6,256
-40%
$166,700
—
2016
$10,460
2%
$166,700
—
2015
$10,295
—
$166,700
—
2015
$10,303
3%
$166,700
—
2013
$9,974
—
$166,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 28 Raceway Rd
28 Raceway Road, Monticello, NY 12701 (MLS# 875314) is a Commercial property. 28 Raceway Road is currently listed for $2,100,000 and was received on June 11, 2025. Want to learn more about 28 Raceway Road? Do you have questions about finding other Commercial real estate for sale in Monticello? You can browse all Monticello real estate or contact a Coldwell Banker agent to request more information.
