Description
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.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
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