Commercial For Sale near Lake Freeman
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.Property Details
- Beds: 0
- Baths: 2.0
- Year Built: 1978
- Location: Lake Freeman
- Acres: 0.120
- County: White County
- Heat/AC: Forced Air
- Siding: Brick
- Roof: Shingle
- Stories: 1
- Property Taxes: $3,484
- MLS #: 202605033
Location
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Ad Statistics:
| Ad Number : | 7286858 |
| Viewed: | 15 times |
| Added: | Feb 18, 2026 |
| Updated on: | Feb 18, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
