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Downtown Office Building
For Lease
$15,000/Mo

116 Constitution Plaza, Monticello, IN 47960

COMMERCIAL FOR LEASE, Monticello, IN

Space Size1,827 SF
Lot Size0.05 Acres
Days on Market49

Property Features for 116 Constitution Plaza

General Information

Property type Residential
Property subtype Office
Lot features City
Directions Downtown Monticello off Constitution Plaza
Subdivision White County
Standard status Active
APN 91-73-33-000-033.500-021
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OP Monticello 25'X80' Lot 56
Tax Annual Amount 1449
Legal Description OP Monticello 25'X80' Lot 56

Utilities

Cooling system Central Air

Amenities

great street visibility
large front windows

Building Details

Year built 1962
Flooring type Carpet
Roof type Flat
Listing Agency: VOGEL REAL ESTATE
Listed By: Michelle Gerhart
Added: Aug 19 Changed: Oct 2 Last Checked: Oct 6 at 3:06AM
MLS# 202633865

Copyright © 2026 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,827-square-foot office building offers eight private offices along with a reception and meeting area. Large front windows provide street-facing exposure, while carpeted floors, central air, and a flat roof support the existing commercial configuration. Built in 1962, the property is suited to office occupancy and is available for lease.

The building is located at 116 Constitution Plaza in downtown Monticello, near the White County Courthouse. Its compact 0.0459-acre site places the office improvements within the established downtown setting.

Key Highlights

  • 1,827‑square‑foot office building
  • Eight offices plus reception and meeting area
  • Large front windows facing the street

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office HVAC Service Bakery Storage Facility Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$14.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 47960, IN

15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Eight-office layout with a reception and meeting area in downtown Monticello.
Where is this office building located?
The property is located at 116 Constitution Plaza Monticello, IN.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: 1,827‑square‑foot office building; Eight offices plus reception and meeting area; Large front windows facing the street
More about this property
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