Prime downtown Monticello office space FOR SALE. Offering 1,827 sq. ft., seven private offices, a storage room, a spacious reception/meeting area, and large front windows for excellent exposure. This property is ready to go and is located just steps from the White County Courthouse. This space is ideal for a wide range of business uses.
Multi-Use Open Layout Commercial Building with residential apartment on upper level, 32x38 Pole Barn for Storage on backside of building. Updated Metal Roof over Front Building, Fresh Exterior Paint. Nice Display windows streetside. 1 block off Lake Freeman/Tippecanoe River & Norway Dam. Close Proximity to Indiana Beach Amusement Park, golf Courses, Lake Freeman Public boat launch located across the street, restaurants are also located down the Street. A very active area with recreational activities and businesses surrounding.
Excellent opportunity to own a versatile storage facility with numerous recent improvements and expansion potential. Both buildings are steel structures, offering durability and low-maintenance ownership. The south building features 17 storage units and is fully spray-foamed for added efficiency. Recent updates include new electrical, lighting, and security camera systems. Units 2 and 16 offer added convenience with both exterior garage door access and interior roll-up door access. An additional side garage door off the alley provides easy loading and unloading access. The north building includes a dedicated area already plumbed for a future bathroom, one overhead garage door, and a new electrical panel. The property is currently not climate controlled but has the ability to be converted if desired. Both buildings are on separate utility meters, providing flexibility for future operations or tenant management.
5116 E Indiana Beach Road, Monticello, Indiana Exceptional Multi-Unit Investment Property Near Indiana Beach & Lake Shafer Presenting a rare opportunity to acquire a versatile hospitality and investment property in one of Monticello's most recognized recreational corridors. Located just moments from Indiana Beach, Lake Shafer, and the area's numerous boating, fishing, and entertainment attractions, this unique offering combines income-producing accommodations with comfortable owner occupancy in a highly desirable destination market. Comprised of five separate buildings, seven rental units, and a spacious main living quarters, this property provides a distinctive blend of investment potential and operational flexibility. Whether your vision includes short-term vacation rentals, extended-stay accommodations, seasonal lodging, workforce housing, or a combination of income strategies.
Own a Piece of Downtown History! An exceptional opportunity awaits at 213 N Main St, Monticello, Indiana—an iconic downtown bar and lounge with a long-standing presence in the heart of the city's vibrant business district. This well-known establishment offers a prime Main Street location with outstanding visibility, steady foot traffic, and a reputation that has made it a local favorite for years. Featuring a spacious bar area, comfortable lounge seating, and a welcoming atmosphere, this property is perfectly suited for continued bar and entertainment operations or a new hospitality concept. The central downtown location places you among thriving businesses, community events, and year-round activity. Whether you're an investor, entrepreneur, or experienced operator, this is a rare chance to acquire a recognizable commercial property with tremendous potential in one of North Central Indiana's most desirable lake communities. Highlights: Prime downtown Main Street location Established bar and lounge venue High visibility and strong local presence Spacious interior with flexible layout Opportunity for owner-operator or investment use Located minutes from Lake Shafer and Lake Freeman Bring your vision and capitalize on this unique opportunity to own one of downtown Monticello's most recognizable gathering places. Contact us today for additional information and a private tour.
Fully leased, income-producing multi-tenant retail property located along US Hwy 421 in Monticello, serving both local traffic and strong seasonal demand from nearby lakes and attractions. The property consists of approximately 4,376 SF across three suites (Units A, B, and C), all secured with leases through 1/1/2028. The property generates total gross rental income of $3,200 per month ($38,400 annually). Tenants reimburse their share of utilities and operating expenses, allocated at 40% (Units A and B) and 20% (Unit C). These expenses—including gas/electric, sewer, trash, internet, and exterior maintenance—are passed through to tenants, with ownership primarily responsible for taxes and insurance. The tenant mix includes a diner, bakery, and dog grooming business, all operated by established ownership, providing stable, service-based occupancy with consistent local demand. The property has undergone extensive renovations, including new roof, siding, windows, doors, electrical, plumbing, paved parking lot, and a lighted roadside sign. Interior buildout includes commercial-grade improvements, and most fixtures, equipment, and furnishings transfer with the sale. An additional adjacent parcel is available for purchase, offering future development or expansion potential. This is an ideal opportunity for investors seeking stable income with limited landlord responsibilities and future upside through rent adjustments. Contact listing broker for additional financials, lease details, and to schedule a private tour.
PRICE REDUCED!!! 3.90 acre Lake Freeman Multi-Purpose Commercial/Residential Property with (3) separate parcels. 2,900 + sqft. Ranch Style house with walkout basement situated on a .80 acre parcel overlooks an estimated 260' of level Lake Frontage with harbor, boat launch, shallow sandy swimming areas. One of the most unique lake settings in the Midwest with good proximity to Lafayette/West Lafayette Area.
Excellent Investment Opportunity! This 60-unit self-storage facility sits on 5.4 acres, offering steady income and room to grow. In addition to the rental units, the property includes two large garages that can be leased separately, creating multiple revenue streams. The expansive lot provides ample space for outdoor storage, perfect for boats, RVs, or trailers, and still leaves room for potential future expansion. Convenient access and wide drive aisles make the facility easy to navigate for customers. Whether you’re an experienced investor or just getting started in the storage business, this property offers proven cash flow with significant upside potential. Units range in size from 5x10 to 10x30.
Monticello is located in Indiana. Monticello, Indiana has a population of 5,508. Monticello is less family-centric than the surrounding county with 22.73% of the households containing married families with children. The county average for households married with children is 25.24%.
The median household income in Monticello, Indiana is $46,847. The median household income for the surrounding county is $60,327 compared to the national median of $69,021. The median age of people living in Monticello is 45.3 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 39.5 inches per year, with 19.9 inches of snow per year.
