This magnificent and distinctive building, showcasing the architectural character of the 1940s, is ideally situated in the heart of the Village of Monticello, NY. Offering an impressive amount of space and exceptional versatility, this unique property presents numerous possibilities for commercial, retail, entertainment, institutional, recreational, or other potential uses. The ground floor features over 18,000 square feet of expansive clear-span space, complemented by an additional 13,000+ square feet in the basement. With a ceiling height of approximately 16 feet below the steel trusses, the open interior provides tremendous flexibility for a wide variety of layouts and uses. Currently utilized as a museum featuring an extensive collection of items from Mexico, the building underwent a comprehensive renovation in 2023. Improvements include a new roof, new windows throughout, a new concrete main floor, upgraded electrical service, all-new plumbing and heating systems, and extensive landscaping. Another significant feature is the property extending behind the building all the way to Ann Street, providing the potential for an additional entrance or exit and enhanced accessibility. Conveniently located within walking distance of shopping, restaurants, transportation, and other Village amenities, the property is also approximately 1½ hours from New York City. With more than 31,000 square feet of space, substantial recent improvements, high ceilings, clear-span construction, and a central Village location, this remarkable property offers a rare opportunity for an investor, business owner, developer, or organization seeking a truly unique building.