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    Monticello, IN
    Strip Mall

    Monticello, IN Strip Malls for Sale

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    Strip Mall with Lighted Roadside Sign
    Updated: Apr 24
    Strip Mall with Lighted Roadside Sign

    12150 N US HWY 421, Monticello, IN 47960

    $439,000
    0.33 AC lot
    Approximately 4,376 SF across three retail suites (Units A, B, and C)
    Leases in place through 1/1/2028
    0.33‑acre strip mall with paved parking lot
    Lighted roadside sign
    Renovations include new roof, siding, windows, doors, electrical, and plumbing
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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

    Contact for pricing
    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
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Retail Strip Mall For Sale
    Retail Strip Mall For Sale

    3661 W 86th St, Indianapolis, IN 46268

    $3,900,000
    19,676 sqft

    Retail strip mall available for sale on W 86th St in Indianapolis, Indiana.

    View details
    Retail
    Retail

    1915 University Boulevard, Anderson, IN 46012

    $950,000
    16,552 sqft 2.42 AC lot

    Strip malls · 16,552 SF

    View details
    University-Adjacent Retail Strip Center
    University-Adjacent Retail Strip Center

    1915 University Boulevard, Anderson, IN 46012

    $950,000
    2.42 AC lot

    Retail strip center on 2.42 acres, zoned B-3, with strong visibility along University Blvd near I-69 access.

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    Fully Leased Retail Center
    Fully Leased Retail Center

    4202 W 56th St, Indianapolis, IN

    Contact for pricing
    12,840 sqft 3.13 AC lot

    Retail center with additional land, conveniently located and fully leased.

    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.

    2.91 Acres Corner Location
    2.91 Acres Corner Location

    Lot 1 West Stuenkel Road, University Park, IL 60484

    Contact for pricing
    2.91 AC lot

    2.91 acres in Will County, corner location, industrial park.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    View details
    Commercial Land For Sale
    Commercial Land For Sale

    70163 M 62, Edwardsburg, MI 49112

    $1,878,000
    18.70 AC lot

    Commercial land with frontage on M 62, Edwardsburg, MI.

    View details
    Corner Lot Strip Mall Opportunity
    Corner Lot Strip Mall Opportunity

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Ideal corner location for a small strip mall or franchise.

    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.

    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
    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
    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
    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
    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 Strip Malls Market Trends and Statistics

    Explore 10 strip malls 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 retail strips 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%

    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 $439K

    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%

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