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    1244 W Main St Greenfield, IN 46140

    For Sale
    $4,500,000

    Mixed Use - Greenfield, IN

    Type:Mixed Use
    Property size:
    39,097 SF
    Lot size:
    5.10 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1244 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    Commerical
    APN
    300731401042001009
    Size
    39,097 SF
    Lot size
    5.10 Acres

    Building Details

    Year built
    1959
    Roof type
    Rubber
    Architectural style
    Other

    Re/Max Realty Group (317) 462-5533 [email protected]

    Listing agent Sharon Kay Smith (317) 462-5533 License #RB14041300

    Listing date Sep 15, 2025

    MLS# 22062819 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenfield Shopping Center with Auto Repair

    This well-known shopping center is situated on 5.1 acres in Greenfield, Indiana. The property includes 11 units, with all but one currently occupied, and a separate building housing an auto repair shop. Located on Main Street, the property benefits from high traffic. The shopping center features a newer roof, fresh landscaping, and some extensive renovations. There is potential for expansion with the possibility to build an additional 6000 square feet. The property is zoned for commercial use and has a total size of 39097 square feet. It is located in Hancock County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.787853
    Latitude
    39.785272

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    FAQs

    What type of property is this?
    Shopping center - Well-known shopping center with auto repair shop on 5.1 acres.
    Where is this shopping center located?
    The property is located at 1244 W Main St Greenfield, IN.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - High traffic location on Main Street in growing town of Greenfield.; - Shopping center with 11 units on 5.10 Acres.; - Opportunity for expansion with 6000 more square feet.
    (317) 462-5533
    Request Owner's contact information
    1244 W Main St Greenfield, IN 46140
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    Greenfield, IN 46140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1244 W Main St Greenfield, IN 46140
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