301 N Main Street

Monticello, IN 47960
$249,900
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 9Read MoreRead Less
Courtesy of Scott Brown, Keller Williams Lafayette Agt: 765-714-1971
Listing Snapshot
Days Online
0
Property Type
Office
Lot Size
0.12 Acres
Year Built
1978
MLS Number
202605033
30 Days Snapshot Of 47960
$290k
-13%
(avg) sold price
10
0%
homes sold
110
+74%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Access: City, Road Surface: Asphalt
Appliances & Equipment
Equipment Present
Basement
Partial Basement
Building
Bldg1 Story: 1, Bldg1 Above Grd SqFt: 3,864, Bldg1 Below Grd SqFt: 1,312, Bldg1 Fin. Office SqFt: 3,864
Cooling
Central Air
Doors
Fire Doors Present
Expenses
Gross Monthly Expenses: $525
Exterior Features
Brick
Fence
None
Floors
Carpet
Water Features
None
Heating
Forced Air
Interior Features
Ceiling Height: 9', Column Spacing: 0, Interior Height: 8', Drywall, Office, Storage
Lot
Approx. Acres: 0.12, Approx. SqFt: 5,227, Dimensions: 0x0
Miscellaneous
Enterprise Zone: No, City
Parking
Parking Type: Surface, Parking: Yes, Spaces: 10, Lot, Private
Property
Age: 48, Built in 1978, Construction Type 1: Site Built, Ingress/Egress: Asphalt, New Construction: No, Number of Buildings: 1, Stories: 1, Total Above Ground SqFt: 3,864, Total Restrooms: 2, Office/Showroom, Professional
Roof
Shingle
Sewer
City
Taxes
Annual Taxes: $3,484
Utilities
Water Heater, City
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