Monticello, IN
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    Reynolds, IN Burnettsville, IN Monon, IN
    Unique Monticello Property with Redevelopment Potential
    $299,900
    9,500 SF

    Unique Monticello Property with Redevelopment Potential

    720 W Washington Street, Monticello, IN 47960

    Versatile 2-acre property with a historic barn structure.

    • High‑traffic resort location in Monticello, near two lakes and Indiana Beach Amusement Park.
    • Substantial 9,500+ sq ft historic barn with redevelopment potential for event venue, restaurant, brewery, or mixed‑use destination.
    • Large 2‑acre lot with full city utilities (water, sewer, gas, and electric).
    • Solid concrete block construction with a full dimensional wood frame hip roof, showcasing historic character.
    • Main level features 4,400+ sq ft with concrete floor and two elevated rooms with knotty pine walls and a fireplace.
    Updated: Apr 8
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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 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.

    Kentland Commercial Space For Sale
    $80,000
    1,070 SF

    Kentland Commercial Space For Sale

    Prime commercial space in Kentland, ideal for retail or restaurant.

    302 N 4th Street, Kentland, IN 47951
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    North Judson Commercial Event Venue
    $369,900
    4,680 SF

    North Judson Commercial Event Venue

    Versatile commercial property suitable for events, meetings, or business opportunities.

    405 Lane Street, North Judson, IN 46366
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    North Judson Commercial Property
    $369,900
    4,680 SF

    North Judson Commercial Property

    Versatile commercial property in North Judson, ready for immediate use.

    405 Lane St, North Judson, IN 46366
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    Turnkey Commercial Space on Square
    $80,000
    1,070 SF

    Turnkey Commercial Space on Square

    Prime 1,070 sq ft commercial space in Kentland, Indiana.

    302 N 4th Street, Kentland, IN 47951
    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.

    Prime Commercial Corner Lot Available
    $185,000
    14,810 SF

    Prime Commercial Corner Lot Available

    Exceptional commercial land opportunity near US 31 & SR 25.

    2460 Main Street, Rochester, IN 46975
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    Commercial Land in Williamsport, IN
    $129,000
    2.00 Acres

    Commercial Land in Williamsport, IN

    2-acre commercial land suitable for various uses in Williamsport, Indiana.

    575 S Williamsport Lot 1 Road, Williamsport, IN 47993
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    Commercial Lots on Highway 8
    $76,400
    0.85 Acres

    Commercial Lots on Highway 8

    Commercial land with municipal utilities and highway frontage.

    St Road 8 lot: B4-5, Kouts, IN 46347
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    Commercial Lots on Highway 8
    $76,400
    0.85 Acres

    Commercial Lots on Highway 8

    Commercial land with highway frontage near established businesses.

    0-lot B6-7 State Road 8, Kouts, IN 46347
    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.

    4944 White Pt Dr
    RESTAURANT
    588 SF Lot: 0.23 Acres
    Value Estimation by Request

    4944 White Pt Dr, Monticello, IN 47960-1283

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    405 Washington St
    RESTAURANT
    12,890 SF Lot: 3.00 Acres
    Value Estimation by Request

    405 Washington St, Monticello, IN 47960-2156

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    923 Washington St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,395 SF Lot: 1.57 Acres
    Value Estimation by Request

    923 Washington St, Monticello, IN 47960-2075

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    3267 Shafer Dr
    RESTAURANT
    17,096 SF Lot: 40.19 Acres
    Estimated value
    $510,000

    3267 Shafer Dr, Monticello, IN 47960

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    5658 Shafer Dr
    RESTAURANT
    7,464 SF Lot: 1.00 Acre
    Value Estimation by Request

    5658 Shafer Dr, Monticello, IN 47960-7124

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    212 Rickey Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,010 SF Lot: 0.40 Acres
    Value Estimation by Request

    212 Rickey Rd, Monticello, IN 47960-1539

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    5024 Norway Rd
    RESTAURANT
    5,487 SF Lot: 1.10 Acres
    Value Estimation by Request

    5024 Norway Rd, Monticello, IN 47960-1230

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    219 Northwestern Ave
    RESTAURANT
    7,478 SF Lot: 0.39 Acres
    Value Estimation by Request

    219 Northwestern Ave, Monticello, IN 47960-1530

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    111 Main St
    RESTAURANT
    7,805 SF Lot: 0.06 Acres
    Value Estimation by Request

    111 Main St, Monticello, IN 47960-2130

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    1516 Main St
    RESTAURANT
    1,952 SF Lot: 1.90 Acres
    Value Estimation by Request

    1516 Main St, Monticello, IN 47960-1527

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    422 Main St
    RESTAURANT
    4,800 SF Lot: 0.19 Acres
    Value Estimation by Request

    422 Main St, Monticello, IN 47960-1931

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    1107 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,283 SF Lot: 2.70 Acres
    Value Estimation by Request

    1107 Main St, Monticello, IN 47960-1520

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    1515 Main St
    RESTAURANT
    5,636 SF Lot: 0.48 Acres
    Value Estimation by Request

    1515 Main St, Monticello, IN 47960-1528

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    1009 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,296 SF Lot: 0.45 Acres
    Value Estimation by Request

    1009 Main St, Monticello, IN 47960-1504

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    826 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,522 SF Lot: 0.29 Acres
    Value Estimation by Request

    826 Main St, Monticello, IN 47960-1756

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    912 Main St
    RESTAURANT
    8,591 SF Lot: 2.54 Acres

    912 Main St, Monticello, IN 47960-2533

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    4893 Harbour Ct
    RESTAURANT
    4,239 SF Lot: 0.36 Acres
    Value Estimation by Request

    4893 Harbour Ct, Monticello, IN 47960-1280

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    1828 Francis St
    RESTAURANT
    6,966 SF Lot: 0.64 Acres
    Value Estimation by Request

    1828 Francis St, Monticello, IN 47960-1334

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    1809 Francis St
    RESTAURANT
    3,053 SF Lot: 0.67 Acres
    Value Estimation by Request

    1809 Francis St, Monticello, IN 47960-1335

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    722 Broadway St
    RESTAURANT
    4,389 SF Lot: 0.38 Acres
    Value Estimation by Request

    722 Broadway St, Monticello, IN 47960-2009

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    1064 Broadway St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,070 SF Lot: 1.43 Acres
    Value Estimation by Request

    1064 Broadway St, Monticello, IN 47960-1816

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    726 Broadway St
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,092 SF Lot: 1.15 Acres
    Value Estimation by Request

    726 Broadway St, Monticello, IN 47960-2009

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    1210 6th St
    RESTAURANT
    4,960 SF Lot: 3.67 Acres
    Value Estimation by Request

    1210 6th St, Monticello, IN 47960-1586

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    Monticello, IN Restaurants Investment Opportunities Market Analysis

    Explore 30 restaurants for sale in Monticello, IN on our real estate platform. These investment opportunities span a total of 9,500 square feet of properties for sale, with an estimated market value of $299,900.

    Sale prices for restaurant properties in Monticello, IN start at $299,900, averaging $299,900, and reaching up to $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Breakfast & diners 1
    Turn key restaurants 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Monticello submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47960 $299.9K

    Taxes & Financing

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

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