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    623 S Main St Monticello, IN 47960

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    For Lease
    $18 SF/Yr ($3,660 /Mo)

    Retail and office space in downtown Lafayette with prime frontage.

    Property size:
    2,440 SF
    Lot size:
    0.83 Acres

    Property Features for 623 S Main St

    General Information

    Size
    2,440 SF
    Lot size
    0.83 Acres

    Source: TruVant Realty Agent Randy Truitt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Retail & Office Space

    Newly-developed retail and office spaces are available in downtown Lafayette, featuring frontage on Main Street. The location includes 98 apartment units (Luna Flats) above the retail spaces. The property has a size of 2440 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    White
    State
    Indiana
    Longitude
    -86.7613676
    Latitude
    40.7362941

    Nearby Similar for Lease

    • $2,000 /Mo
      1,827 SF

      Downtown Monticello Office Space

      1,827 SF office space for rent in Monticello.
      116 Constitution Plz, Monticello, IN 47960
      View Details
    • $2,500 /Mo
      4,260 SF

      Monticello Restaurant/Bar Opportunity

      4,260 SF restaurant/bar space available for rent in Monticello.
      912 S Main St, Monticello, IN 47960
      View Details
    • $8 SF/Yr
      11,100 SF

      R&J Plaza: Monticello Retail Space

      High-exposure retail space available in prime location.
      1017 6Th St, Monticello, IN 47960
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail and office space in downtown Lafayette with prime frontage.
    Where is this retail space located?
    The property is located at 623 S Main St Monticello, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail/office space in downtown Lafayette.; - High-traffic location on Main Street.; - **98 high-end apartment units (Luna Flats) above, providing built-in customer base.**
    (765) 404-7584
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    623 S Main St Monticello, IN 47960
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    Monticello, IN 47960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    623 S Main St Monticello, IN 47960
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