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Listed by Holly Holmes • Redlow Group
$ 275,000
Est. payment | /mo
3 Baths
3,920 Sqft Lot
$ 275,000
Est. payment | /mo
3 Baths
3,920 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202643627
HOA Y/N No
Year Built 1886
Annual Tax Amount $3,056
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 165x24
Property Sub-Type Retail
Property Description
A RARE DOWNTOWN MONTICELLO OPPORTUNITY! Commercial Space, Showroom, Residential Living & Investment Potential All in One! Don't miss this unique opportunity in the heart of Downtown Monticello! Whether you're an investor, entrepreneur, or buyer looking for a versatile property, this one offers a variety of possibilities. Featuring commercial storefront and showroom space, a spacious upstairs apartment, and additional basement space, this property offers flexibility for a variety of investment strategies.The main level features a long-standing business storefront with beautiful hardwood floors, a spacious breakroom, and an additional showroom area. The layout offers potential for a variety of business uses, while the covered two-car parking area in the rear adds convenience and functionality.Upstairs, you'll find a spacious 2-bedroom, 2-bath apartment, recently updated with new carpet and fresh paint. Additional features include a large laundry area with a full-size washer and dryer, along with a large deck offering a wonderful outdoor retreat in the heart of downtown.The additional basement space provides even more room and versatility, adding to the property's overall potential.Looking for a residential investment? The upstairs apartment offers potential for rental income, while the commercial storefront and showroom provide opportunities for business use or leasing. Buyers can explore a variety of possibilities, including commercial, residential, or a combination of both, subject to applicable zoning and regulations.ONE PROPERTY. MULTIPLE POSSIBILITIES. A UNIQUE INVESTMENT OPPORTUNITY! Whether you envision a commercial investment, a residential rental, or a combination of business and residential use, this distinctive downtown property deserves a closer look. Schedule your showing today and discover the potential this rare Downtown Monticello property has to offer!
Location
State IN
County White County
Rooms
Basement Partial, Slab
Interior
Heating Forced Air
Inclusions Building, Furniture
Fireplace N
Exterior
Parking Features Off Street, On Street
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 91-73-33-000-005.100-021
Acceptable Financing IRM202643627
Listing Terms IRM202643627
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202643627
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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