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Property profile & analytics
OFF-MARKET
Commercial real estate

138 Main St Monticello, IN 47960

Property ID
Property summary
AI-generated overview

This delightful ice cream and cafe in Monticello, Indiana, presents a unique opportunity for ownership. Located at 138 S Main St, 47960, this single-unit, single-story building is offered at $79,900. The business boasts a loyal customer base built over several years, offering a variety of fresh, handcrafted ice cream and wholesome menu options like salads, sandwiches, and wraps. The inviting atmosphere, bright decor, and comfortable seating create a welcoming space for families and friends. The cafe is fully equipped with all necessary kitchen appliances, ensuring a seamless transition for new owners. Existing operations provide a solid foundation, but there's also potential for expansion through catering services, seasonal promotions, or community events. This is an excellent opportunity to acquire a thriving business within a vibrant, close-knit community. The cafe's success is built on its fresh, flavorful menu and its strong connection to the local culture. This is a turn-key operation ready for a new owner to continue its legacy and build upon its existing success.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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