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About This Home
This 0-bedroom, 2-bathroom commercial at 301 N Main Street in Monticello, IN is listed for $249,900. Built in 1978, on a 0.12 acres lot.
Prime downtown Monticello commercial investment opportunity. This solid brick office condo is fully leased through January 1, 2029 with a corporate-signed lease, providing stable income and minimal landlord responsibility (owner pays taxes and insurance only).
Currently operating at over a 9% CAP rate. The interior is built out with 9 private offices, cubicle space, conference/break room, partial basement, and a serviced fire suppression system. Located on a busy corner lot adjacent to multiple city and county facilities, with recently installed curbs and sidewalks enhancing access and visibility.
Part of a two-unit commercial condo with separate ownership; the attached unit may also be available for sale, creating expansion or portfolio opportunities. Ideal for investors seeking strong, reliable returns or future owner-occupants planning ahead.
Key Features
- Built in 1978
- 0.12 acre lot
- 10 parking spaces
Property Details
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
301 N Main Street
Monticello, IN 47960
None
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 301 N Main Street is listed at $249,900. The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.12 acre lot, 10 parking spaces. Interior Features: Drywall, Basement, Office Space. Exterior Features: Basement, Office Space.
This property is listed by Scott Brown and can be reached at 7658077177 or realestatebrown@yahoo.com.
