Monticello IN Commercial for Sale

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Type:
Other
Sq.Ft.:
3,376
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1980
Baths:
MLS#:
21998697

ADDITIONAL INFORMATION

Introducing ALEXANDER'S LANDING, a charming lakefront resort hotel located at 5088 E INDIANA BEACH RD, MONTICELLO, INDIANA. Nestled on the shores of Lake Shafer, this picturesque property is just steps away from the renowned Indiana Beach Amusement Park. Boasting nine cozy units that can accommodate up to 56 guests, this turnkey hotel has a stellar reputation, solid financials, and a high ROI. The current NOI stands at $160,304, offering an attractive Cap Rate of 11.66%. Guests at ALEXANDER'S LANDING can bask in a year-round experience with stunning lake views, two-story deck access, and convenient docking for boats. The resort's well-appointed rooms feature kitchen facilities and spacious living areas, providing a comfortable retreat for families, groups, and corporate events. With multiple awards and a 4.5-star Google rating, this top-rated hotel is a sought-after destination for those seeking relaxation and adventure in Monticello, Indiana. Embrace the opportunity to own a thriving hospitality business in a prime waterfront location - ALEXANDER'S LANDING awaits! A full offering memorandum is available on Crexi

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.25 Acres
Year built:
1987
Baths:
3.00
MLS#:
202425168
Subdivision:
None

ADDITIONAL INFORMATION

WIDE OPEN SPACES & PLENTY OF PLACES for all of your income, business, and storage needs & dreams! 3 individual buildings with a combined square footage of 11,484, all with new roofs in 2017. BUILDING 1 (SOUTH)= 5520 sq ft., 1200 sq ft front office space, back 4320 sq ft section offers both warehouse space plus seven 10 x 10 office spaces/storage spaces & an additional unfinished office space above warehouse area. BUILDING 2 (CENTER) = 440 sq ft office bldg; current office for Mallory Motors Auto Dealership. BUILDING 3 (NORTH) = 5524 sq ft with XL storage area w/ 6 overhead doors (could be converted to individual storage rental units), 2 individual office spaces and a partially finished 3rd office/apartment space w/ full bath. Multiple permanent lighted signs on property along the highway as well. Make this space YOUR place today!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.36 Acres
Year built:
2014
Baths:
3.00
MLS#:
202424608
Subdivision:
Sunset Park

ADDITIONAL INFORMATION

WELL ESTABLISHED AND REMODELED BUILDING FOR SALE. FULLY RENTED UNITS BRINGING IN GREAT FINANCIAL RETURNS. TOTAL TURN-KEY OPERATION WITH DESIRABLE LONG TERM TENANTS THAT INTEND TO CONTINUE THEIR QUALITY BUSINESSES. THIS 4500SF BUILDING IS COMPOSED OF A DOG CARE WITH VERY WELCOMING COVERED PORCH, COFFEE SHOP AND CHICAGO STYLE HOT DOG RESTAURANT OFFERING A FULL DELICIOUS MENU. AN IMPROVED ASPHALT PARKING LOT OFFERS PLENTY OF SPACE FOR PATRONS. COMPOSED OF 5 PINS SUPPLYING A 25 FOOT LOT TO THE NORTH FOR DEVELOPMENT ALONG WITH A BACKYARD FOR ACCESS AND DOG PLAY AREA.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1890
Baths:
3.00
MLS#:
202420695
Subdivision:
None

ADDITIONAL INFORMATION

Great Investment opportunity in the heart of Monticello! Retail space available with two living units attached. Both apartments are leased for $3,600 a month and the retail space is vacant.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.43 Acres
Year built:
1960
Baths:
2.00
MLS#:
202413472
Subdivision:
Lake Drive

ADDITIONAL INFORMATION

PRICE REDUCED !! Option of Business ONLY can be purchased for $129,900. Record earnings in 2024 with only 138 days of operation. Turn-Key Skipper's Frozen Yogurt Retail Business and Building for sale in one of the best locations in Monticello. High Traffic N. Main Street Corner lot across from Krogers & Starbucks. Additional corner lot with 100ft. frontage and separate parcel # can be split or utilized to expand or Open up additional business Opportunities. Building underwent a complete remodel with only the original foundation, exterior walls and exterior brick being original. Utility Updates in 2019 include; new elect. panel, wiring, 3 Phase Electricity, high eff. furnace, water softener, new plumbing throughout. Increased sales in 2023 with significant increases in per day gross sales. Well Trained and Professional Staff. Interior is spotless, new 12x24 shed for additional storage. Spare equipment, outdoor decor also included in Purchase. Skippers has created a fun filled environment with tasty treats. Run your own business and be Your own Captain

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.12 Acres
Year built:
1801
Baths:
MLS#:
202403561
Subdivision:
Locust Hill(S)

ADDITIONAL INFORMATION

2.11 acres of partially cleared B-2 Business Ground Adjacent to Indiana Beach Amusement Park, close proximity and partial view of Lake Shafer Bay. This property has recently had an ingress/regress drive installed and has been cleaned up. There are lots of possibilities here along with good traffic flow and visibility on NW Shafer Drive.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.43 Acres
Year built:
1958
Baths:
3.00
MLS#:
202314841
Subdivision:
Lake Drive

ADDITIONAL INFORMATION

Big PRICE REDUCTION!!! LOCATION, LOCATION, LOCATION !! 2,897 sqft. GBA Commercial Building Corner lot location adjacent to Taco Bell, Across street from Kroger, Ace, Rural King. This 3 tenant Commercial building has monthly rental income of $1,500 per month, has recent updates including; metal roofing, updated windows, updated utilities, updated floor coverings. Large asphalt parking lot, lighted sign, high traffic area with established businesses surrounding. Few Main Street Corner lots available, even fewer next to fast food establishment. Det. 18x26 garage for additional storage if needed.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Monticello Real Estate

The median home value in Monticello, IN is $247,500. This is higher than the county median home value of $113,600. The national median home value is $219,700. The average price of homes sold in Monticello, IN is $247,500. Approximately 57.85% of Monticello homes are owned, compared to 29.72% rented, while 12.43% are vacant. Monticello real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monticello real estate agent to arrange a tour today!

Monticello, Indiana has a population of 5,298. Monticello is more family-centric than the surrounding county with 39.54% of the households containing married families with children. The county average for households married with children is 30.19%.

The median household income in Monticello, Indiana is $41,136. The median household income for the surrounding county is $51,404 compared to the national median of $57,652. The median age of people living in Monticello is 38.1 years.

Monticello Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 39.1 inches per year, with 19.8 inches of snow per year.

Monticello Real Estate Market Conditions

  • Median sales price

    $247,500
    13.01% change since last quarter
  • # Active listings

    106
    30-day change

Monticello Schools and Demographics

Education near Monticello, IN

Metric City County
High School Graduates 85.56 89.09
College Degree - 2 year 13.74 9.97
College Degree - 4 year 13.71 16.64
Graduate Degree 5.31 5.29
Expenditures per Student 11,147 11,530
Students per Teacher 18.3 16.8

Elementary Schools near Monticello, IN

School Grades Students P/T Ratio ZIP
Meadowlawn Elementary School KG - 05 492 16.4 47960
North White Primary School PK - 03 292 24.3 47959
Oaklawn Elementary School KG - 04 304 16 47960

Middle Schools near Monticello, IN

School Grades Students P/T Ratio ZIP
North White Intermediate 04 - 06 173 21.6 47959
Roosevelt Middle School 06 - 08 601 16.7 47960

High Schools near Monticello, IN

School Grades Students P/T Ratio ZIP
Frontier Junior/Senior High School 07 - 12 349 13.6 47929
North White Junior/Senior High School 07 - 12 405 16.9 47959
Twin Lakes Senior High School 09 - 12 718 14.1 47960

Demographics near Monticello, IN

Metric City County
Neighborhood Type Small Town
Population 5,298 24,279
Population Density 1,530 48
Median Age 38.1 42
People per Household 2.4 2.5
Median Household Income 41,136 51,404
Average Income per Capita 21,384 26,275