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107 N Main St
Monticello, IN 47960
Condo/Retail Space in Monticello, IN · Retail Property For Sale

Executive Summary

Discover the perfect blend of residential comfort and business potential with this beautifully renovated mixed-use property located right on Main Street incharming downtown Monticello. Upstairs, you’ll find a stylishly updated two-bedroom, one-bath apartment featuring a beautiful staircase entrance, spacious layout,and modern finishes. The apartment continues downstairs to the main level, offering a third bedroom and bonus rooms—perfect for converting into additional livingspace, a home office, or even a separate suite. The property also includes a private two-car garage, ensuring convenience and security. At street level, a large retailspace offers fantastic visibility and foot traffic, making it ideal for a boutique, café, gallery, or office. Whether you're looking to open your own business or lease it out,this space offers excellent income potential. Bonus Opportunity: With its prime location and flexible layout, this property is an ideal candidate for an Airbnb rental,allowing you to generate passive income while utilizing the commercial space for even more revenue. Don't miss out on this unique opportunity to live, work, andinvest—all in one place!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,460 SF
Building Class
C
Year Built
1890
Price
$325,000
Price Per SF
$38.42
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.49
Lot Size
0.08 AC
Zoning
B4 General Business - Commercial
Parking
2 Spaces (0.24 Spaces per 1,000 SF Leased)
Frontage
21’ on North Main Street

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
91-73-33-000-138.200-021
Land Assessment
$6,700
Improvements Assessment
$230,500
Total Assessment
$237,200
  • Listing ID: 35810942

  • Date on Market: 5/9/2025

  • Last Updated:

  • Address: 107 N Main St, Monticello, IN 47960

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