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    1028 South St Greenfield, IN 46140

    For Sale
    $229,000

    Prime Greenfield location, versatile retail space.

    Property size:
    1,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This 1,560 square foot retail property, situated on a 0.12-acre lot at 1028 W South Street in Greenfield, Indiana, presents a unique investment opportunity. Currently operating as a pool hall, the building offers significant potential for a variety of uses, including, but not limited to, a hair salon or office space. The existing layout includes a small kitchen area, which could be easily adapted to suit different business needs. Two restrooms are conveniently located within the building. The property's versatility is further enhanced by its prime location in Greenfield, offering excellent visibility and accessibility. Prospective buyers are encouraged to verify zoning regulations to ensure compliance with their intended use. The asking price for this well-maintained property is $229,000. This represents a compelling opportunity to acquire a strategically located retail space with adaptable features in a thriving community. The existing pool hall setup provides a functional starting point, or the space can be easily renovated to meet the requirements of a new business. Serious inquiries are welcome. Don't miss this chance to own a piece of Greenfield's commercial landscape. The property's size and location make it an ideal investment for entrepreneurs seeking a foothold in a growing market. Further due diligence is recommended to fully assess the property's potential.

    Property Features for 1028 South St

    General Information

    Property type
    Retail properties
    Square Feet
    1,560 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1973
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -85.78486
    Latitude
    39.78381

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    FAQs

    What type of property is this?
    Retail property - Prime Greenfield location, versatile retail space.
    Where is this retail property located?
    The property is located at 1028 South St Greenfield, IN.
    What is the asking price?
    The asking price for this property is $229,000.
    (317) 626-2271
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    1028 South 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
    1028 South St Greenfield, IN 46140
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