Downtown Monticello Commercial Investment
301 N Main Street, Monticello, IN 47960
- Added:
- Feb 18, 2026
- Days on Market:
- 98
- Last Refresh:
- May 27 at 6:06 pm
Property Features for 301 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Business
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Office
- Parking
- 10
- Interior features
- Drywall, Basement, Office Space
- Exterior features
- Basement, Office Space
- Standard status
- Active
- APN
- 91-73-33-000-057.302-021
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3484
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Flooring type
- Carpet
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Scott Brown License #RB14045146 (765) 807-7177
Listing office Keller Williams Lafayette 3928 McCarty Ln., Lafayette, IN (765) 807-7177
Listing date Feb 18, 2026
MLS# 202605033
Listing URL
Copyright © 2026 Lafayette Regional 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.
HighLights
- Fully leased through January 1, 2029 with a corporate‑signed lease, providing stable income.
- Operating at over a 9% CAP rate.
- Minimal landlord responsibility (owner pays taxes and insurance only).
- Located on a busy corner lot adjacent to city and county facilities, with recently installed curbs and sidewalks.
- Interior built out with 9 private offices, cubicle space, conference/break room, and partial basement.
- Part of a two‑unit commercial condo; the attached unit may also be available for sale.
Overview
This commercial investment opportunity is located in downtown Monticello. The solid brick office condo is fully leased through January 1, 2029, with a corporate-signed lease. The current operation boasts over a 9% CAP rate. The lease provides stable income with minimal landlord responsibility, where the owner pays taxes and insurance only. The interior is built out with 9 private offices, cubicle space, a conference/break room, and a partial basement. A serviced fire suppression system is in place. The property is located on a busy corner lot adjacent to multiple city and county facilities. Recently installed curbs and sidewalks enhance access and visibility. The property is part of a two-unit commercial condo with separate ownership. The attached unit may also be available for sale, creating expansion or portfolio opportunities. The property is zoned for business. It is suitable for investors seeking reliable returns or future owner-occupants planning ahead. The lot size is 0.12 acres.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Monticello
- County
- White
- State
- Indiana
- Longitude
- -86.761512
- Latitude
- 40.747444
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Fully leased office condo with corporate-signed lease until 2029.
Where is this office units located?
The property is located at 301 N Main Street Monticello, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Fully leased through January 1, 2029 with a corporate‑signed lease, providing stable income.; Operating at over a 9% CAP rate.; Minimal landlord responsibility (owner pays taxes and insurance only).
