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Mixed-Use Property with Showroom
New
For Sale
$275,000

109 N Main Street, Monticello, IN 47960

A two-bedroom apartment is positioned above business and showroom space, with basement area and covered rear parking.

Property SizeContact for details
Days on Market4

Property Features for 109 N Main Street

General Information

Standard status Active
Total Parking Spaces 2

Additional Details

Mixed-Use Components retail, residential
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $3,056

Amenities

covered parking
breakroom
laundry area
deck

Building Details

Buildings 1
Listing Agency: Redlow Group
Listed By: Holly Holmes
Source: Exprealty
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 3:15PM

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 Redlow Group

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Investment Insights

Based on property information with market context.

This downtown mixed-use property combines ground-floor commercial space with an upstairs apartment. The business area includes a storefront, hardwood floors, a breakroom and a separate showroom. A basement adds further space to the building.

The second-floor residence has two bedrooms and two bathrooms, along with a large laundry area equipped with a full-size washer and dryer. Recent apartment updates include carpet and paint, and a large deck provides outdoor space. Covered parking for two cars is located behind the building.

The property brings commercial and residential components together at 109 N Main Street in downtown Monticello. The storefront and showroom are suited to business occupancy or leasing, while the apartment may be used as a residence or rental, subject to applicable zoning and regulations.

Key Highlights

  • Ground‑floor storefront and separate showroom with hardwood floors
  • Upstairs apartment with 2 bedrooms and 2 bathrooms
  • Apartment updates include new carpet and fresh paint

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A two-bedroom apartment is positioned above business and showroom space, with basement area and covered rear parking.
Where is this mixed-use property located?
The property is located at 109 N Main Street Monticello, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Ground‑floor storefront and separate showroom with hardwood floors; Upstairs apartment with 2 bedrooms and 2 bathrooms; Apartment updates include new carpet and fresh paint
More about this property
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