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Monticello, IN Motels for Sale

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Waterfront Resort Motel Conversion
Updated: Apr 12
Waterfront Resort Motel Conversion

5057 E Indiana Beach Rd, Monticello, IN 47960

Contact for pricing
Waterfront resort motel with 33 units, including daily guest rooms and one- and two‑bedroom quarters
Includes a 2‑story home with 4 bedrooms and 3 bathrooms for owner living
On‑site manager’s quarter with 2 bedrooms and 2 bathrooms
Boat slips for visitors at the waterfront property
Recently improved property, with plans approved to get a flag system
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Chicago Motel Near Cottage Grove
Chicago Motel Near Cottage Grove

9112 S Cottage Grove Avenue, Chicago, IL 60619

$2,450,000
12,000 sqft 0.42 AC lot

37-room motel in Greater Grand Crossing community for sale.

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2-Story 37-Room Motel
2-Story 37-Room Motel

9112 S Cottage Grove Avenue, Chicago, IL 60619

$2,650,000
12,000 sqft 0.41 AC lot

A 37-room, two-story exterior-corridor motel built in 1971 with main-level parking on commercial land.

View details
American Inn Motel For Sale
American Inn Motel For Sale

1824 E Main Street, Danville, IL 61832

$500,000
0.92 AC lot

34-room motel with development potential in Danville, Illinois.

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Operating Motel with 34 Guest Rooms
Operating Motel with 34 Guest Rooms

1824 E Main Street, Danville, IL 61832

$500,000
0.92 AC lot

Operating motel with 34 exterior-entry rooms, additional vacant parcels, and an on-site 3-bedroom apartment.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

High-Visibility Highway Commercial Land
High-Visibility Highway Commercial Land

Blue Star Highway lot: 2, Fennville, MI 49408

$300,000
2.75 AC lot

Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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Prime Land Ready for Redevelopment
Prime Land Ready for Redevelopment

6321 Miller Lane, Dayton, OH 45414

$860,000
5.44 AC lot

Acreage zoned for Highway Business, ideal for commercial redevelopment.

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Land on State Route 235
Land on State Route 235

15527 State Route 235, Lakeview, OH 43331

$109,900
1.76 AC lot

1.76-acre lot with development opportunities near Indian Lake.

View details
Commercial Land on Adrian Highway
Commercial Land on Adrian Highway

3264 N Adrian Highway, Adrian, MI 49221

$299,900
3.43 AC lot

Commercial Highway Zoned lot with high traffic counts on M-52.

View details

Off-Market Properties in Monticello, IN

Consider similar Off-Market properties in Monticello, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1969 Shafer Dr
HOTEL/MOTEL

1969 Shafer Dr, Monticello, IN 47960-1579

Value Estimation by Request
17,872 sqft 7.57 AC lot
View details
5057 Indiana Bch Rd
MOTEL

5057 Indiana Bch Rd, Monticello, IN 47960-1266

Value Estimation by Request
0.18 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
5,360 sqft 0.30 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
725 sqft 0.41 AC lot
View details
5029 Indiana Bch Rd
HOTEL/MOTEL

5029 Indiana Bch Rd, Monticello, IN 47960-1266

Value Estimation by Request
1,584 sqft 0.39 AC lot
View details
4925 Indiana Bch Rd
HOTEL/MOTEL

4925 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
3,432 sqft 0.23 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
2,466 sqft 0.40 AC lot
View details
5057 Indiana Bch Rd
HOTEL/MOTEL

5057 Indiana Bch Rd, Monticello, IN 47960-1266

Value Estimation by Request
4,560 sqft 0.22 AC lot
View details
1273 Broadway St
HOTEL/MOTEL

1273 Broadway St, Monticello, IN 47960-1880

Value Estimation by Request
8,874 sqft 1.65 AC lot
View details
304 6th St
HOTEL/MOTEL

304 6th St, Monticello, IN 47960-8174

$520,000
Estimated value
33,291 sqft 5.56 AC lot
View details
12926th N 1225th W
HOTEL/MOTEL

12926th N 1225th W, Monticello, IN 47960-4739

Value Estimation by Request
1,278 sqft 0.26 AC lot
View details

Monticello, IN Motels Market Trends and Statistics

Explore 12 motels for sale in Monticello, IN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 3
Hotels 1
Motels 1

Demographics Overview

Population 15K
Population Growth (5Y) +5.2%
Median Household Income $61,087
College Educated 24.1%

Taxes & Financing

Tax Rate (average for all types) 1.66%
Property Tax per SF $33.92 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in White County

New Delisted

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