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
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!
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.
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.
Seize the opportunity to own this charming Main Street building in Monticello. The property boasts a beautiful storefront with hardwood floors and houses a long-standing business tenant. At the back of the main floor a separate business could operate, featuring an office, showroom, and walk-in storage areas. The second story offers a spacious 2-bedroom, 2-bath apartment with well-sized rooms and a laundry area. Enjoy your morning coffee while watching the sunrise on the private deck off the upper level. For added convenience, there's a lift chair to access the second floor, and a two-car carport. Clientele will appreciate the street-side parking in the front and the city lot at the back. This property combines business and residential spaces, presenting a unique investment opportunity.
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
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.
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.
Monticello is located in Indiana. 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.
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.