Improved Commercial Land for Sale in Monrovia, Indiana
115 N Chestnut St, Monrovia, IN 46157
PRICELESS OPPORTUNITY to bring your business to an amazing location that offers multiple buildings and two parcels totaling nearly 2.4 acres. The buildings are on a .65 acre parcel and there is an additional PRIME 1.7 +/- acre corner lot that is situated roughly 2 miles and less than 5 minutes away from the I-70 exit at State Road 39. The front building consists of 2 garage/warehouse spaces and office with a full bathroom that is totaling more than 4000 sq ft. The back garage/warehouse space consists of 2880 sq ft and 3 garage doors (14x14) perfect for any size vehicle. Located in the rear of the property is a 25 x 45 carport for more additional storage space. Finally, the 920 sq ft garage building has a 10' x 10' garage door that leads to the paint booth for the current business. This prime opportunity is priced to sell!
Location
- Street address
- 115 N Chestnut St
- County
- Morgan County
- Community
- Morgan - Monroe
- School district
- Monroe-Gregg School District
- Elevation
- 784 feet
Property details
- Acreage
- 2.38 acres
- Zoning
- General Commercial
- MLS #
- MIBOR 22042428
- Posted
Parcels
- 550412180004001022
Legal description
Lot 2 Sigler Minor Plat .65 A & Lot 3 Sigler Minor Plat (1.73)
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Retail
- Franchise
- Century 21 Real Estate
Structure
- Roof
- Metal
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Monrovia Elementary School | Elementary | Monroe-Gregg School District | — |
| Monrovia Middle School | Middle | Monroe-Gregg School District | — |
| Monrovia High School | High | Monroe-Gregg School District | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 30, 2025 | Price drop | $929,900 | $45,100 -4.6% | MIBOR |
| June 5, 2025 | New listing | $975,000 | — | MIBOR |