Prime business location! Commercial property setting on 2 large lots on a high traffic street. Main level could be utilized as one space or easily divided into 2 spaces. Upstairs offers a studio apartment that has been nicely updated. Rent out 3 spaces for a rental income or rent one commercial space & studio apartment & use one side for your own business. Tons of possibilities! A total of 2304 sqft, 1.5 bathrooms, 2 lots offer ample parking, great visibility for Indiana Beach traffic from Sixth St, & the facility is in great condition. Recent updates include metal roof, apartment flooring & paint, & tankless water heater. Upper level currently is leased out for $700 a month on a month to month basis. This one is ready for business!
Off market
$237,600
504 Northwestern Ave, Monticello, IN 47960
--beds
2,304sqft
Other
Built in 1988
-- sqft lot
$237,600 Zestimate®
$103/sqft
$1,289 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Gas
Cooling
- Central
Features
- Flooring: Laminate
- Common walls with other units/homes: No One Above
Interior area
- Structure area source: Assessor
- Total interior livable area: 2,304 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
Features
- Exterior features: Wood
Lot
- Size: 0.36 Acres
- Topography: Level
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Other
Materials
- Roof: Metal
Condition
- Year built: 1988
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Monticello
Other
Other facts
- Roof: Metal
- Sewer: Public Sewer
- Topography: Level
- ArchitecturalStyle: Two Story
- HeatingYN: true
- Flooring: Laminate
- CoolingYN: true
- Heating: Natural Gas
- FoundationDetails: Slab
- NumberOfUnitsTotal: 1
- RoomsTotal: 2
- ConstructionMaterials: Wood Siding
- MainLevelBathrooms: 0
- NumberOfBuildings: 1
- FarmLandAreaUnits: Square Feet
- NumberOfUnitsLeased: 0
- TrashExpense: 0
- MaintenanceExpense: 0
- PropertySubType: Other
- LivingAreaSource: Assessor
- BelowGradeFinishedAreaSource: Assessor
- BuildingAreaSource: Assessor
- Cooling: Central Air
- LotSizeSource: Assessor
- OpenParkingYN: true
- CommonWalls: No One Above
- ParkingFeatures: Off Street, Gravel
- BelowGradeFinishedArea: 0
- InsuranceExpense: 1200
- Gas: Gas
- CommunityFeatures: City/Town/Suburb
- WaterSource: City
- ElectricExpense: 50
- FuelExpense: 70
- AboveGradeFinishedAreaSource: Assessor
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$237,600
2% more+$4,752
With Zillow Showcase(estimated)$242,352