Strip Mall

Monticello, IN Strip Malls for Sale

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Reynolds, IN Yeoman, IN Burnettsville, IN Brookston, IN Monon, IN Delphi, IN Battle Ground, IN Wolcott, IN
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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1 active listing matches your search: Strip Mall for sale in Monticello, IN. Based on your search, we've also compiled 12 Potential Opportunities for your consideration: 4 properties in nearby cities and 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.

Three-Tenant Retail Strip
Three-Tenant Retail Strip

417 Arnold Court Unit 411 - 419, Kokomo, IN 46902

$850,000
10,802 sqft 1.02 AC lot

The occupied property includes separate tenant spaces and on-site parking with access to each business.

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Three-Tenant Retail Strip Center
Three-Tenant Retail Strip Center

417 Arnold Court #411 - 419, Kokomo, IN 46902

$850,000
10,802 sqft 1.02 AC lot

The property is fully occupied by three tenants, with parking and separate access for each business.

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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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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

Storefront properties 4
Grocery and convenience stores 2
Shopping centers 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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