Search
Shopping Center with 11 Units
For Sale
$3,800,000

1244 W Main St, Greenfield, IN 46140

Multi-tenant retail property on Main Street includes a separate auto-repair building.

Property Size39,097 SF
Lot Size5.10 Acres
Price / SF$97.19
Days on Market24

Property Features for 1244 W Main St

General Information

Standard status Active
Size 39,097 SF
Lot size 5.10 Acres
Occupancy 91%

Additional Details

Road Access Yes

Building Details

Year Built 1959
Tenancy Multi
Listing Agency: RE/MAX Realty Group
Listed By: Sharon Kay Smith · License #RB14041300
Source: Eveloteam
Added: Aug 6 Changed: Aug 28 Last Checked: Aug 28 at 2:26PM

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 RE/MAX Realty Group

Investment Insights

Based on property information with market context.

This 39,097-square-foot shopping center occupies 5.10 acres and contains 11 units. The property includes a separate building used for auto repair, along with a newer roof, fresh landscaping, and some renovation work. Built in 1959, the center currently has all but one unit occupied.

The property is located at 1244 W Main St in Greenfield, Indiana, on Main Street within the town. An area on the site could accommodate an additional 6000 square feet of construction.

Key Highlights

  • 11‑unit shopping center situated on 5.10 acres
  • 39,097‑square‑foot property built in 1959
  • All but one of the 11 units are currently occupied

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Grocery & Convenience Store Carpet & Flooring Store Food Market

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

90.9%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46140, IN

41,708
Population
18,167
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
242
Density / Sq Mi
$82,850
Median Household Income
$47,837
Median Earnings
$1,099
Median Rent
$227,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property on Main Street includes a separate auto-repair building.
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 $3,800,000.
What are key features of this property?
This property features: 11‑unit shopping center situated on 5.10 acres; 39,097‑square‑foot property built in 1959; All but one of the 11 units are currently occupied
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message