Listing Agency: Osborne Advantage Real Estate, LLC o***@gmail.com Show Phone

Listed By: Donna J Osborne · License #IN

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:31PM

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Investment Insights

Based on property information with market context.

This mixed-use property includes approximately 6,200 square feet of finished space arranged as a former funeral home with living quarters. The building is offered in its existing condition, providing a substantial improvement for renovation or conversion.

The property fronts N Market St and Hwy 421 in Monon, Indiana. Any closing remains subject to court approval.

Key Highlights

• Approximately 6,200 square feet of finished space
• Former funeral home with living quarters
• Frontage on N Market St and Hwy 421

Property Analytics

Property Profile

Current Use

Covenant Funeral & Cremation Social Service Agency

Suggested Use

Top Pick HVAC Service Building Supply Storage Facility Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store

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

132

Businesses Nearby

Explore this area Business Placement

Demographics for 47959, IN

2,843

Population

1,112

Households

2.6

Avg Household Size

36

Median Age

9%

College-Educated

70%

High-School Grad

68.2 sq mi

ZIP Area

42

Density / Sq Mi

$60,469

Median Household Income

$39,322

Median Earnings

$923

Median Rent

$126,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Former institutional-use property with attached residential accommodations and commercial repositioning potential.

Where is this mixed-use property located?

The property is located at 507 N Market St Monon, IN.

What are key features of this property?

This property features: Approximately 6,200 square feet of finished space; Former funeral home with living quarters; Frontage on N Market St and Hwy 421