Shopping Center

Monticello, IN Shopping Centers for Sale

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Fully Leased Retail Strip Center
Updated: Apr 24
Fully Leased Retail Strip Center

12150 N US HWY 421, Monticello, IN 47960

$439,000
4,376 sqft
1974‑built retail strip center with three tenant suites totaling approx. 4,400 SF
Fully leased through Jan 1, 2028, with annual rent roll of $38,400 and net income approx. $34,471
Recent exterior and structural upgrades include new roof, siding, windows, and paved parking lot/site improvements
FF&E included: kitchen equipment, refrigeration, bar buildout, and dining fixtures
2x6 insulated walls to mitigate sound between tenants
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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

Anchored Retail Plaza
Anchored Retail Plaza

5914 E State Road 10, Demotte, IN 46310

$4,350,000
57,905 sqft 8.25 AC lot

Fully leased Lake Holiday Plaza is anchored by Sav-A-Lot and Dollar Tree with 700 feet of frontage on State Road 10.

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Merrillville Retail Shopping Center
Merrillville Retail Shopping Center

6110 Broadway, Merrillville, IN 46410

$4,750,000
184,721 sqft

Multi-tenant retail center with value-add repositioning opportunities.

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Grocery-Anchored Retail Center
Grocery-Anchored Retail Center

5914 E State Road 10, Demotte, IN 46310

$4,350,000
57,905 sqft

Lake Holiday Plaza is a fully leased retail shopping center anchored by Sav-A-Lot and Dollar Tree.

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Multi-Tenant Retail Shopping Center
Multi-Tenant Retail Shopping Center

7880-7896 Broadway, Merrillville, IN 46410

$5,500,000
48,327 sqft

Liberty Square is a multi-tenant retail center on Broadway with recent roof and rooftop HVAC improvements.

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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 Land Opportunity
Prime Commercial Land Opportunity

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

2.34-acre commercial land for development in Cedar Lake, Indiana.

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Commercial Land in Cedar Lake
Commercial Land in Cedar Lake

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

2.34-acre commercial development opportunity in a growing area.

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Merrillville Land on US 30
Merrillville Land on US 30

5103 E Lincoln, Merrillville, IN 46410

$749,900
5.15 AC lot

5+ acres on US 30 ready for development.

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Michigan City Commercial Land Parcel
Michigan City Commercial Land Parcel

W 400 N, Michigan City, IN 46360

$1,050,000
21.81 AC lot

21.814 acres of commercial land in Michigan City, IN.

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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.

1017 6Th St
Neighborhood centers

1017 6Th St, Monticello, IN 47960

Value Estimation by Request
View details
12150 Us-421
Lifestyle centers

12150 Us-421, Monticello, IN 47960

Value Estimation by Request
4,500 sqft 0.07 AC lot
View details
6030 State Rd 16
WHOLESALE OUTLET, DISCOUNT STORE

6030 State Rd 16, Monticello, IN 47960-6919

$570,000
Estimated value
9,354 sqft 2.48 AC lot
View details
126 Main St, Unit 134
SHOPPING CENTER, STRIP CENTER

126 Main St, Monticello, IN 47960-2129

Unit 134
Value Estimation by Request
9,023 sqft 0.12 AC lot
View details
1004 Main St
WHOLESALE OUTLET, DISCOUNT STORE

1004 Main St, Monticello, IN 47960-1503

$2,595,000
Estimated value
96,760 sqft 6.16 AC lot
View details
1500 Main St
SHOPPING CENTER, STRIP CENTER

1500 Main St, Monticello, IN 47960-1583

Value Estimation by Request
5,400 sqft 1.36 AC lot
View details
910 Main St
WHOLESALE OUTLET, DISCOUNT STORE

910 Main St, Monticello, IN 47960-2533

$770,000
Estimated value
9,130 sqft 1.52 AC lot
View details
832 Main St
SHOPPING CENTER, STRIP CENTER

832 Main St, Monticello, IN 47960-1756

Value Estimation by Request
19,810 sqft 0.61 AC lot
View details
509 Main St
SHOPPING CENTER, STRIP CENTER

509 Main St, Monticello, IN 47960-1934

Value Estimation by Request
26,984 sqft 1.13 AC lot
View details
726 Fisher St
SHOPPING CENTER, STRIP CENTER

726 Fisher St, Monticello, IN 47960-1737

Value Estimation by Request
10,000 sqft 6.14 AC lot
View details
1107 Broadway St
WHOLESALE OUTLET, DISCOUNT STORE

1107 Broadway St, Monticello, IN 47960-1818

$645,000
Estimated value
7,225 sqft 1.23 AC lot
View details
1002 Broadway St
SHOPPING CENTER, STRIP CENTER

1002 Broadway St, Monticello, IN 47960-1816

Value Estimation by Request
9,699 sqft 0.75 AC lot
View details
1110 Broadway St
SHOPPING CENTER, STRIP CENTER

1110 Broadway St, Monticello, IN 47960-1887

Value Estimation by Request
14,256 sqft 1.39 AC lot
View details
1088 Broadway St
WHOLESALE OUTLET, DISCOUNT STORE

1088 Broadway St, Monticello, IN 47960-1816

$7,885,000
Estimated value
152,012 sqft 23.56 AC lot
View details
902 6th St
SHOPPING CENTER, STRIP CENTER

902 6th St, Monticello, IN 47960-1595

Value Estimation by Request
9,550 sqft 1.57 AC lot
View details

Monticello, IN Shopping Centers Market Trends and Statistics

Explore 16 shopping centers for sale in Monticello, IN on our real estate platform. These investment opportunities span a total of 4,376 square feet of properties for sale, with an estimated market value of $439,000.

Sale prices for plazas in Monticello, IN average $439,000 — 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
Automotive properties 1
Gas stations 1
Storefront properties 1

Demographics Overview

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

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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