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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 9 private offices, cubicle space, conference/break room, partial basement, and a serviced fire suppression system. Located on a busy corner lot adjacent to multiple city and county facilities, with recently installed curbs and sidewalks enhancing access and visibility. Part of a two-unit commercial condo with separate ownership; the attached unit may also be available for sale, creating expansion or portfolio opportunities. Ideal for investors seeking strong, reliable returns or future owner-occupants planning ahead.
| DAYS ON MARKET | 88 | LAST UPDATED | 2/18/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1978 |
| COUNTY | White | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Water Heater |
| BASEMENT | Partial |
| CONSTRUCTION | Brick |
| HEAT | Forced Air |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 0x0 |
| PARKING | Private, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | None |
| TAXES | 3484 |
| WATER | Public |
| ZONING | Business |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Scott Brown, Keller Williams Lafayette, Agt: 765-714-1971
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 5/16/26 10:37 PM PDT
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 5/16/26 10:37 PM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
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