Strip Mall

Monticello, IN Strip Malls for Sale

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Fully Leased Retail Strip Center
Updated: May 8
Fully Leased Retail Strip Center

12150 N Us Hwy 421, Monticello, IN 47960

$399,000
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 13 Potential Opportunities for your consideration. Besides 1 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

Opportunities in Nearby Cities

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

Retail Strip Center Anchored by Tenants
Retail Strip Center Anchored by Tenants

1540 S Washington St, Crawfordsville, IN 47933

$869,000
6,500 sqft

Six-thousand-plus square foot strip center anchored by Jimmy John’s and AT&T with 100% occupancy under triple-net leases.

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Shopping Center with Small-Bay Layout
Shopping Center with Small-Bay Layout

3572 E. US Hwy. 30, Warsaw, IN 46580

Contact for pricing
21,000 sqft

Commercial-zoned retail center with a small-bay configuration and one available space.

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Retail Strip Center with Excess Land
Retail Strip Center with Excess Land

3550-3572 US Hwy 30, Warsaw, IN 46580

Contact for pricing
21,000 sqft

Retail and office center with 84% occupancy and additional vacant land for future development.

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Open-Plan Shopping Center Unit
Open-Plan Shopping Center Unit

1408 Darlington Avenue, Unit C, Crawfordsville, IN 47933

Contact for pricing
12,150 sqft

Open commercial space with one restroom, central air, and B3 zoning.

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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.

126 Main St, Unit 134
SHOPPING CENTER, STRIP CENTER

126 Main St, Monticello, IN 47960-2129

Unit 134
Estimated value:
$250,000
9,023 sqft 0.12 AC lot
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1500 Main St
SHOPPING CENTER, STRIP CENTER

1500 Main St, Monticello, IN 47960-1583

Estimated value:
$245,000
5,400 sqft 1.36 AC lot
View details
832 Main St
SHOPPING CENTER, STRIP CENTER

832 Main St, Monticello, IN 47960-1756

Estimated value:
$195,000
19,810 sqft 0.61 AC lot
View details
509 Main St
SHOPPING CENTER, STRIP CENTER

509 Main St, Monticello, IN 47960-1934

Estimated value:
$380,000
26,984 sqft 1.13 AC lot
View details
726 Fisher St
SHOPPING CENTER, STRIP CENTER

726 Fisher St, Monticello, IN 47960-1737

Estimated value:
$225,000
10,000 sqft 6.14 AC lot
View details
1002 Broadway St
SHOPPING CENTER, STRIP CENTER

1002 Broadway St, Monticello, IN 47960-1816

Estimated value:
$310,000
9,699 sqft 0.75 AC lot
View details
1110 Broadway St
SHOPPING CENTER, STRIP CENTER

1110 Broadway St, Monticello, IN 47960-1887

Estimated value:
$345,000
14,256 sqft 1.39 AC lot
View details
902 6th St
SHOPPING CENTER, STRIP CENTER

902 6th St, Monticello, IN 47960-1595

Estimated value:
$270,000
9,550 sqft 1.57 AC lot
View details

Monticello, IN Strip Malls Market Trends and Statistics

Explore 9 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 $399,000.

Sale prices for retail strips 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
Storefront properties 3
Grocery and convenience stores 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%

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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