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Seven-Office Professional Suite
New
For Sale
$189,900

116 Constitution Plaza, Monticello, IN 47960

Front-facing windows bring natural light into a suite with a reception and meeting area.

Property Size1,827 SF
Price / SF$103.94
Days on Market5

Property Features for 116 Constitution Plaza

General Information

Standard status Active
Size 1,827 SF

Additional Details

Condition Move-in Ready
Property Use Office

Building Details

Year Built 1962
Listing Agency: VOGEL REAL ESTATE
Listed By: Michelle Gerhart
Source: Callcriswell
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 2 at 6:40PM

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

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Investment Insights

Based on property information with market context.

This Monticello office suite offers 1,827 square feet arranged with seven private offices, a storage room, and a reception area that can also serve for meetings. Large windows face the front of the property. Built in 1962, the space is configured for office use.

The property is at 116 Constitution Plaza in downtown Monticello, just steps from the White County Courthouse.

Key Highlights

  • 1,827 square feet of office space
  • Seven private offices plus a storage room
  • Reception and meeting area

Property Analytics

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Current Use

Office Units

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.

Location Intelligence

Trade Area within ½ mile

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

Frequently Asked Questions

What type of property is this?
Office unit - Front-facing windows bring natural light into a suite with a reception and meeting area.
Where is this office unit located?
The property is located at 116 Constitution Plaza Monticello, IN.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 1,827 square feet of office space; Seven private offices plus a storage room; Reception and meeting area
More about this property
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