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Updated Multi-Office Building
For Sale
$579,900

1 Oakview Dr, Monticello, IN 47960

B-2 business zoning, a large parking area, and a remodeled reception and waiting area support varied office uses.

Property Size6,732 SF
Lot Size1.30 Acres
Price / SF$86.14
Days on Market26

Property Features for 1 Oakview Dr

General Information

Standard status Active
Size 6,732 SF
Lot size 1.30 Acres

Building Details

Year Built 1997
Buildings 1
Listing Agency: VOGEL REAL ESTATE
Listed By: Gregory Vogel II, Gri
Source: Kmsrealestategroup
Added: Sep 1 Changed: Sep 24 Last Checked: Sep 24 at 11:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VOGEL REAL ESTATE

Investment Insights

Based on property information with market context.

This 6,732-square-foot office building, constructed in 1997, provides multiple office and exam rooms within a multi-use commercial layout. Recent improvements include laminate plank flooring, quartz countertops in many rooms, and a substantially remodeled reception and waiting area. Veterinarian equipment is also available for purchase.

The property occupies 1.3+ acres on North Main Street in Monticello, with established businesses nearby, including fast food, grocery, Rural King, and Starbucks. North Main Street provides a direct connection to the lakes and amusement park. A large asphalt parking lot serves the building, which is zoned B-2 business.

Key Highlights

  • 6,732 SF multi‑use office building on 1.3+ acres
  • Multiple office and exam rooms with updated laminate plank flooring
  • Quartz counters installed in many exam and office rooms

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

350
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
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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 - B-2 business zoning, a large parking area, and a remodeled reception and waiting area support varied office uses.
Where is this office building located?
The property is located at 1 Oakview Dr Monticello, IN.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: 6,732 SF multi‑use office building on 1.3+ acres; Multiple office and exam rooms with updated laminate plank flooring; Quartz counters installed in many exam and office rooms
More about this property
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