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Property profile & analytics
OFF-MARKET
Retail space

919 Main St Monticello, IN 47960-1502

1,280 SF 0.08 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
Property ID
US31-0368411
Property summary
AI-generated overview

This exceptional commercial property at 919 N Main Street, Monticello, IN, presents a unique investment opportunity. The 0.43-acre corner lot boasts high visibility, situated directly across from Kroger and Starbucks on a busy section of N. Main Street. The property includes a thriving Skipper's Frozen Yogurt retail business, complete with well-trained staff and a proven track record of success. 2024 saw record earnings despite operating only 138 days. 2023 also showed significant increases in daily gross sales. The building itself underwent a complete remodel in recent years, retaining only the original foundation, exterior walls, and brick. Significant utility upgrades were completed in 2019, including a new electrical panel, updated wiring (including 3-phase electricity), a high-efficiency furnace, a new water softener, and complete plumbing replacement. An additional 100-foot frontage corner lot with a separate parcel number is included, offering potential for expansion or development of an additional business. The sale includes all existing equipment, outdoor dГ©cor, and a new 12x24 shed for extra storage. The interior is impeccably maintained, reflecting the fun and inviting atmosphere Skipper's has cultivated. The business is offered for sale separately for $124,900, or as a combined sale of business and building for $424,900.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction WOOD
Total area 1,280 SF
Lot 0.08 ac (3,275 SF)
APN 91-73-28-001-029.700-021
UPID US31-0368411
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
SKIPPERS FROZEN YOGURT LLC
SKIPPERS FROZEN YOGURT LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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