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    Monfort St Greensburg, IN 47240

    For Sale
    Contact for pricing

    Prime Greensburg location, unique history, high potential.

    Property size:
    1,074 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1,074-square-foot mixed-use property at 0 Monfort North Street in Greensburg, Indiana presents a rare investment opportunity. Situated on a 0.05-acre lot, this building boasts a fascinating past as the former storage and heating facility for the Jerman Housing Building across the street. A remarkable feature is the presence of an existing underground tunnel, adding a unique element to this already intriguing property. The building's current condition offers a blank canvas for a creative entrepreneur or investor. Its versatile nature allows for a multitude of potential uses, including but not limited to storage, conversion into a rental unit, or adaptive reuse for a variety of commercial purposes. The asking price of $6,900 makes this a highly accessible entry point into the Greensburg real estate market. The property's historical significance and the potential for innovative redevelopment make it an attractive proposition for those seeking a distinctive investment with significant upside. This is a chance to acquire a piece of Greensburg's heritage and shape its future. The property's size and location offer considerable flexibility, allowing for a range of development options to suit diverse business needs. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for Monfort St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,074 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1912
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Greensburg
    County
    Decatur
    State
    Indiana
    Longitude
    -85.48726
    Latitude
    39.33657

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Greensburg location, unique history, high potential.
    Where is this mixed-use property located?
    The property is located at Monfort St Greensburg, IN.
    What is the asking price?
    The asking price for this property is $6,900.
    (812) 932-7653
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    Monfort St Greensburg, IN 47240
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    Greensburg, IN 47240
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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
    Monfort St Greensburg, IN 47240
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