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Mixed-Use Building on the Square
For Sale
$325,000

112 /114 E Washington Street, Greensburg, IN 47240

Mixed-use property with retail on the main level and four one-bedroom apartments above, plus rear parking.

Property SizeContact for details
Days on Market298

Property Features for 112 /114 E Washington Street

General Information

Standard status Active

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Lincoln Realty, Inc.
Listed By: Laurin Smith · License #RB14042781
Source: Exprealty
Added: Nov 14, 2025 Changed: Aug 21 Last Checked: Sep 7 at 10:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lincoln Realty, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property features retail space on the main level, with Art on the Square and This & That operating there. The upper level includes four one-bedroom, one-bath apartments. There is rear parking and a shared outdoor area in the back, along with coin laundry that is currently being repaired. Reported gross rental income is $48,600 per year, with additional common area charges of $3,863 per year for common electric and trash dumpster.

The building is located on the town square in the heart of Historic Greensburg, where the area offers eateries, along with shops and services.

Tenants pay electric and water-sewer, metered separately. The current laundry repair is expected to generate additional monthly income, as noted in the remarks.

Key Highlights

  • Investment opportunity in the Historic town of Greensburg, on the town square
  • Main level retail with two businesses: Art on the Square and This & That
  • Upper level features 4 one‑bedroom, 1‑bath apartments

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

790
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 99% Home Improvements & Furnishings 1%
Sinclair Shops & Services
9,739 visits/mo 0.3 miles
Speedway Shops & Services
8,047 visits/mo 0.3 miles
BP Shops & Services
7,829 visits/mo 0.3 miles
Dollar General Shops & Services
6,499 visits/mo 0.4 miles
BP Shops & Services
5,306 visits/mo 0.2 miles

Demographics for 47240, IN

21,940
Population
9,565
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
91%
High-School Grad
303.5 sq mi
ZIP Area
72
Density / Sq Mi
$74,373
Median Household Income
$46,430
Median Earnings
$830
Median Rent
$201,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Residential income property - Mixed-use property with retail on the main level and four one-bedroom apartments above, plus rear parking.
Where is this residential income property located?
The property is located at 112 /114 E Washington Street Greensburg, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Investment opportunity in the Historic town of Greensburg, on the town square; Main level retail with two businesses: Art on the Square and This & That; Upper level features 4 one‑bedroom, 1‑bath apartments
More about this property
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