Commercial Land for Sale in Monticello, Indiana
W Shafer Dr, Monticello, IN 47960
Excellent commercial opportunity on busy West Shafer Drive — the main route leading to Indiana Beach! This .847-acre parcel offers outstanding visibility and high traffic counts in one of the area’s busiest areas. Surrounded by lake activity, tourism, restaurants, and local businesses, this property is ideally positioned for a variety of commercial development opportunities. Whether you are looking to build retail, office, service-based business space, or an investment property, this location offers exceptional exposure to both local and seasonal traffic heading to the lakes and Indiana Beach. Prime location with excellent accessibility and strong growth potential! Zoned B-2.
Location
- Street address
- W Shafer Dr
- County
- White County
- School district
- Twin Lakes School Corp.
- Elevation
- 687 feet
Directions
From US 24, North on Sixth Street, turns into West Shafer Drive, property is on the east side of the road.
Property details
- Lot size
- 0.847 acres36,895 sq ft
- MLS #
- WCAR 202620053
- Posted
Property taxes
- Recent
- $40
Parcels
- 91-73-21-000-005.100-020
Legal description
N SW 21-27-03 .847
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Features
- Sidewalks
Nearby schools
| Name | Type | District |
|---|---|---|
| Meadowlawn | Elementary | Twin Lakes School Corp. |
| Roosevelt | Middle | Twin Lakes School Corp. |
| Twin Lakes | High | Twin Lakes School Corp. |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 27, 2026 | New listing | $105,000 | — | WCAR |