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Courtesy of Redlow Group, Holly Holmes, 317-316-4861
2 Beds
4 Baths
5,232 sqft

$275,000

109 N Main Street, Monticello IN, 47960

Built in1886
Property size5,232 sqft
Property typeResidential

Overview

Active

Updated 6h ago

A RARE DOWNTOWN MONTICELLO OPPORTUNITY! Commercial Space, Showroom, Residential Living & Investment Potential All in One! Don’t miss this unique opportunity in the heart of Downtown Monticello! Whether you’re an investor, entrepreneur, or buyer looking for a versatile property, this one offers a variety of possibilities. Featuring commercial storefront and showroom space, a spacious upstairs apartment, and additional basement space, this property offers flexibility for a variety of investment strategies.The main level features a long-standing business storefront with beautiful hardwood floors, a spacious breakroom, and an additional showroom area. The layout offers potential for a variety of business uses, while the covered two-car parking area in the rear adds convenience and functionality.Upstairs, you’ll find a spacious 2-bedroom, 2-bath apartment, recently updated with new carpet and fresh paint. Additional features include a large laundry area with a full-size washer and dryer, along with a large deck offering a wonderful outdoor retreat in the heart of downtown.The additional basement space provides even more room and versatility, adding to the property's overall potential.Looking for a residential investment? The upstairs apartment offers potential for rental income, while the commercial storefront and showroom provide opportunities for business use or leasing. Buyers can explore a variety of possibilities, including commercial, residential, or a combination of both, subject to applicable zoning and regulations.ONE PROPERTY. MULTIPLE POSSIBILITIES. A UNIQUE INVESTMENT OPPORTUNITY! Whether you envision a commercial investment, a residential rental, or a combination of business and residential use, this distinctive downtown property deserves a closer look. Schedule your showing today and discover the potential this rare Downtown Monticello property has to offer!

$1,830/mo

Est. mortgage payment based on a $275,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202643669

Interior Features

Bedrooms
2
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$3,057
Tax Frequency
Annually
Garage
Yes
Municipality
Union
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeff Warden shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 10/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated 5:13 AM UTC, 10/23/2026

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