919 Main St Monticello, IN 47960-1502
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.