506 Country LnMonticello, IN 47960

For Sale
$499,000

Prime Location, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 3,916 square foot executive office building, situated on a 1.89-acre lot in Monticello, Indiana, presents a compelling redevelopment opportunity for investors and business owners. Located at 506 S Country Ln, 47960, this single-unit property boasts high visibility on a heavily traveled road within an established area. The asking price is $499,000, translating to $127.43 per square foot. Built in 1978, the one-story building currently sits vacant, offering a blank canvas for customization. Key features include ample paved parking, prominent street signage, an ADA-compliant access ramp, and a convenient pole barn providing extra storage. The existing layout is easily adaptable, allowing for the creation of multiple units to suit diverse needs. The property's Net Lease structure and single tenancy provide streamlined management. This is an ideal investment for those seeking a high-impact commercial space with significant potential for growth and return. The property's APN is 91-73-32-000-004.300-020. Don't miss this chance to acquire a well-positioned commercial property in a thriving Indiana community.

Highlights

  • $499,000 asking price for this redevelopment opportunity.
  • 3,916 square foot, single-tenant, vacant executive office building.
  • Located on a heavily traveled road in Monticello, IN, at 506 S Country Ln, with paved parking and ADA access.
  • Features a pole barn for additional storage and street signage.
  • 1.89-acre lot, single-story building constructed in 1978.

Property Details for 506 Country Ln

Property type
Other retail properties, Other office properties
Square Feet
3,916 SF
Year Built
1978
Buildings
1
Stories
1
Lot Size (sq. ft)
82,328 SF
Units
1

Location Insight

City
Monticello
County
White
State
Indiana
Latitude
40.7446953
Longitude
-86.7842886
506 Country Ln, Monticello, Indiana

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506 Country Ln
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