Retail

Monticello, IN Retail Space for Sale

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Renovated Multi-Tenant Retail Center
Updated: Apr 24
Renovated Multi-Tenant Retail Center

12150 N US HWY 421, Monticello, IN 47960

$399,000
0.33 AC lot
Approximately 4,376 SF across three retail suites
Three established service‑oriented tenants: diner, bakery, and dog grooming business
Lease terms extend through 1/1/2028
Extensive updates include roof, siding, windows, doors, electrical, plumbing, and paved parking lot
0.33‑acre property at 12150 N US HWY 421, Monticello, IN 47960
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Building Convenience Property
Two-Building Convenience Property

576 W Parks Drive, Rensselaer, IN 47978

$399,000
6,256 sqft 0.37 AC lot

Package sale includes a leased corner storefront and an adjoining commercial building with loading capability.

View details
Adjoining Retail and Warehouse Buildings
Adjoining Retail and Warehouse Buildings

576 W Parks Dr, Rensselaer, IN 47978

$399,000
6,256 sqft

Two adjoining commercial buildings, including a leased liquor store and a warehouse-style storage area with an overhead door.

View details
Office Condominium with Open Workspace
Office Condominium with Open Workspace

2504 E 350 S, Lafayette, IN 47909

$435,000
2,817 sqft

Flexible suite includes perimeter offices, existing plumbing, and nail station hookups.

View details
Multi-Use Retail Property
Multi-Use Retail Property

1300-1313 Howell St, Lafayette, IN 47904

Contact for pricing
6,446 sqft

Multi-use retail property with 6,446 SF, positioned near other businesses in a central Lafayette location.

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.

12193 Us Hwy 421
RETAIL STORES (PERSONAL SERVICES)

12193 Us Hwy 421, Monticello, IN 47960

Estimated value:
$285,000
8,851 sqft 2.64 AC lot
View details
8291 Us Hwy 421
RETAIL STORES (PERSONAL SERVICES)

8291 Us Hwy 421, Monticello, IN 47960-8017

Estimated value:
$235,000
791 sqft 28.60 AC lot
View details
12150 Us Hwy 421
RETAIL STORES (PERSONAL SERVICES)

12150 Us Hwy 421, Monticello, IN 47960-4705

Estimated value:
$275,000
4,376 sqft 0.07 AC lot
View details
12244 Uppr Lakeshore Dr
RETAIL STORES (PERSONAL SERVICES)

12244 Uppr Lakeshore Dr, Monticello, IN 47960-4701

Estimated value:
$195,000
912 sqft 0.02 AC lot
View details
12150 Us-421
Lifestyle centers

12150 Us-421, Monticello, IN 47960

Estimated value:
by Request
4,500 sqft 0.07 AC lot
View details
100 Williams St
RETAIL STORES (PERSONAL SERVICES)

100 Williams St, Monticello, IN 47960-1675

Estimated value:
$180,000
1,512 sqft 0.15 AC lot
View details
4986 White Pt Dr
RETAIL STORES (PERSONAL SERVICES)

4986 White Pt Dr, Monticello, IN 47960-1283

Estimated value:
$270,000
6,859 sqft 0.10 AC lot
View details
104 Washington St
RETAIL STORES (PERSONAL SERVICES)

104 Washington St, Monticello, IN 47960-2163

Estimated value:
$275,000
4,176 sqft 0.25 AC lot
View details
620 Walnut St
RETAIL STORES (PERSONAL SERVICES)

620 Walnut St, Monticello, IN 47960-1973

Estimated value:
$210,000
2,688 sqft 0.15 AC lot
View details
Von Holw Dr
RETAIL STORES (PERSONAL SERVICES)

Von Holw Dr, Monticello, IN 47960

Estimated value:
$210,000
1,130 sqft 0.26 AC lot
View details
Us Hwy 421
RETAIL STORES (PERSONAL SERVICES)

Us Hwy 421, Monticello, IN 47960

Estimated value:
$275,000
2,100 sqft 1.57 AC lot
View details
3663 Us Hwy 24
RETAIL STORES (PERSONAL SERVICES)

3663 Us Hwy 24, Monticello, IN 47960-7753

Estimated value:
$160,000
336 sqft 0.22 AC lot
View details
3711 Us Hwy 24
RETAIL STORES (PERSONAL SERVICES)

3711 Us Hwy 24, Monticello, IN 47960-7656

Estimated value:
$240,000
3,264 sqft 8.00 AC lot
View details
6379 State Rd 16
RETAIL STORES (PERSONAL SERVICES)

6379 State Rd 16, Monticello, IN 47960-7149

Estimated value:
$220,000
1,980 sqft 0.43 AC lot
View details
2254 Shafer Dr
RETAIL STORES (PERSONAL SERVICES)

2254 Shafer Dr, Monticello, IN 47960

Estimated value:
$260,000
2,353 sqft 0.76 AC lot
View details
2241 Shafer Dr
RETAIL STORES (PERSONAL SERVICES)

2241 Shafer Dr, Monticello, IN 47960-1374

Estimated value:
$290,000
4,200 sqft 0.26 AC lot
View details
2252 Shafer Dr
RETAIL STORES (PERSONAL SERVICES)

2252 Shafer Dr, Monticello, IN 47960-1248

Estimated value:
$285,000
5,624 sqft 0.35 AC lot
View details
8954 Shafer Dr
RETAIL STORES (PERSONAL SERVICES)

8954 Shafer Dr, Monticello, IN 47960-7013

Estimated value:
$235,000
3,200 sqft 5.00 AC lot
View details
204 Rickey Rd
RETAIL STORES (PERSONAL SERVICES)

204 Rickey Rd, Monticello, IN 47960-1539

Estimated value:
$285,000
4,624 sqft 0.48 AC lot
View details
202 Rickey Rd
RETAIL STORES (PERSONAL SERVICES)

202 Rickey Rd, Monticello, IN 47960-1539

Estimated value:
$290,000
3,431 sqft 0.55 AC lot
View details
100 Rickey Rd
RETAIL STORES (PERSONAL SERVICES)

100 Rickey Rd, Monticello, IN 47960-1537

Estimated value:
$230,000
1,740 sqft 15.78 AC lot
View details
114 Railroad St
RETAIL STORES (PERSONAL SERVICES)

114 Railroad St, Monticello, IN 47960-2031

Estimated value:
$310,000
6,000 sqft 0.11 AC lot
View details
504 Northwestern Ave
RETAIL STORES (PERSONAL SERVICES)

504 Northwestern Ave, Monticello, IN 47960-1546

Estimated value:
$280,000
2,304 sqft 0.18 AC lot
View details

Monticello, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Monticello, IN on our real estate platform.

Sale prices for retail space in Monticello, IN average $399,000 — 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

Commercial property segments ranked by active listings on the market

Shopping centers 3
Grocery and convenience stores 2
Storefront properties 2
Automotive properties 1
Gas stations 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 average listing prices of real estate assets

Neighborhood Average Price
47960 $399K

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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