Listing courtesy of Koppelmann Real Estate · Listing agent: John Koppelmann, CRS, e-PRO, GRI, SRES · Office: 574-583-3171

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PendingSpecial Purpose

1626 N State Road 39

$699,000

$53.15 / sq ft

Monticello, IN 47960

Original price $745,000 · Price reduced on March 19, 2026

  • 5.4 acres
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Lot
5.4 ac
Year built
1996
Type
Special Purpose
Listed
September 29, 2025
MLS #
202539410

About this home

Excellent Investment Opportunity! This 60-unit self-storage facility sits on 5.4 acres, offering steady income and room to grow. In addition to the rental units, the property includes two large garages that can be leased separately, creating multiple revenue streams. The expansive lot provides ample space for outdoor storage, perfect for boats, RVs, or trailers, and still leaves room for potential future expansion. Convenient access and wide drive aisles make the facility easy to navigate for customers. Whether you’re an experienced investor or just getting started in the storage business, this property offers proven cash flow with significant upside potential. Units range in size from 5x10 to 10x30.

Property details

Interior

Stories
1
Finished area above grade
13,152 sq ft
Flooring
Concrete

Exterior & parking

Construction
Metal Siding, Wood Siding
Roof
Metal, Shingle
Parking
Gravel, Off Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
5.4 ac
Lot dimensions
5.397 acres
Inside city limits
No
County
White County
Township
Union
Current use
Storage Unit/Facility
Road frontage
State Road
Platted
Yes
Planned unit development
No
Directions
East on Washington St/Hwy 24 to State Road 39. North on 39 to property on West side of road

Taxes & terms

Annual taxes
$2,687
Tax year
2026
Tax abatement
No
Possession
Tenants Rights
Parcel number
91-73-22-000-007.201-020

Included in the sale

Included in sale
Building,Business,Land

Income & commercial

Electric meters
1
Water meters
1
Ceiling height
1

Location

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