For Sale
$169,900

West Shafer DrMonticello, IN 47960

Prime commercial lot, high visibility, near Lake Shafer.

Overview

Added:
Feb 3
Days on market:
67
This exceptional 2.12-acre commercial property presents a unique investment opportunity in Monticello, Indiana. Ideally situated on West Shafer Drive, it enjoys excellent visibility and high traffic flow, boasting close proximity and partial views of picturesque Lake Shafer Bay. The lot is designated B-2 Business zoning, opening doors to a wide range of commercial ventures. Significant improvements have recently been made, including the installation of a new ingress/egress drive, enhancing accessibility and functionality. The land has also undergone a thorough cleanup, preparing it for immediate development. Its location adjacent to the popular Indiana Beach Amusement Park provides a substantial advantage, tapping into the considerable tourist traffic and local population. The partially cleared nature of the land simplifies site preparation, minimizing upfront costs and expediting the development process. This property offers a compelling blend of location, accessibility, and potential, making it an attractive proposition for discerning investors seeking a high-impact commercial investment in a vibrant and growing community. The existing infrastructure and strategic location combine to create a truly exceptional opportunity for immediate development and long-term growth.

Property Details for West Shafer Dr

Property type
Year Built
1801
Lot Size (sq. ft)
92,347 SF

Location Insight

City
Monticello
County
White
State
Indiana
Latitude
40.76746
Longitude
-86.77519
West Shafer Dr, Monticello, Indiana

FAQs

What type of property is this?
Commercial real estate - Prime commercial lot, high visibility, near Lake Shafer.
Where is the commercial real estate located?
The property is located at West Shafer Dr Monticello, IN.
What is the asking price?
The asking price for this property is $169,900.
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West Shafer Dr
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