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Mixed-Use Building with Apartment

1878 N Francis Street, Monticello, IN 47960

For Sale
$94,900

COMMERCIAL, Monticello, IN

Property SizeContact for details
Lot Size0.17 Acres
Days on Market87

Property Features for 1878 N Francis Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description business
Parking features Garage, Off Street
Directions N. Main Street to Francis Street, follow along Lake Freeman/River to building just south of corner of Norway Rd./Francis Street
Subdivision White County
Standard status Active
APN 91-73-21-000-001.100-020
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description OP MT WALLESTON LOT 2
Tax Annual Amount 800
Legal Description OP MT WALLESTON LOT 2

Utilities

Cooling system Central Air

Building Details

Year built 1945
Flooring type Concrete, Vinyl, Carpet
Roof type Metal
Buildings 2
Listing Agency: VOGEL REAL ESTATE
Listed By: Gregory Vogel II, Gri
Added: Aug 16 Changed: Oct 25 Last Checked: Nov 10 at 11:06AM
MLS# 202633912

Copyright © 2026 White County 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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property combines an open commercial layout with a residential apartment on the upper level. The building includes concrete, vinyl, and carpet flooring, central air, and street-facing display windows. A 32-by-38-foot pole barn at the rear provides additional storage. The front structure has a metal roof and fresh exterior paint.

The property is located at 1878 N Francis Street in Monticello, Indiana, one block from Lake Freeman, the Tippecanoe River, and Norway Dam. A public boat launch on Lake Freeman is across the street, while restaurants are located farther along the street. Indiana Beach Amusement Park and golf courses are also in the surrounding area.

Key Highlights

  • Mixed‑use building with an upper‑level residential apartment
  • 32‑by‑38‑foot pole barn at the rear for storage
  • Street‑facing display windows support commercial visibility

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Building Supply Auto Repair Shop Plumbing Service Hair Salon Garden Center

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

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

33
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
View Realmo Analytics

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 - Open commercial layout with street-facing display windows and central air.
Where is this mixed-use property located?
The property is located at 1878 N Francis Street Monticello, IN.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: Mixed‑use building with an upper‑level residential apartment; 32‑by‑38‑foot pole barn at the rear for storage; Street‑facing display windows support commercial visibility
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