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Shopping Center With Grocery Space
New
For Sale
$2,500,000

736 West Main Street, Greensburg, IN 47240

B1-zoned shopping center with a former grocery-store area available for lease.

Property Size35,660 SF
Price / SF$70.11
Days on Market5

Property Features for 736 West Main Street

General Information

Standard status Active
Size 35,660 SF
Property subtype SCR, SCR-COM
Zoning B1

Building Details

Building Size 35,660 SF
Year Built 1955
Stories 1
Listing Agency: Merrill Property Group
Listed By: John Merrill · License #RB14036883
Source: Realnex
Added: Sep 18 Changed: Sep 20 Last Checked: Sep 22 at 12:59PM

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 Merrill Property Group

Investment Insights

Based on property information with market context.

This shopping center offers 35,660 square feet of commercial space and is available for sale. The property includes a 26,560-square-foot former grocery store area that is available for lease, providing a defined space within the larger center for a new occupant. Built in 1955, the property is zoned B1 and located at 736 West Main Street in Greensburg, Indiana.

Key Highlights

  • 35,660‑square‑foot shopping center available for sale
  • 26,560‑square‑foot former grocery store available for lease
  • B1 zoning

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy Gym & Fitness Center Electrical 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.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Shopping center - B1-zoned shopping center with a former grocery-store area available for lease.
Where is this shopping center located?
The property is located at 736 West Main Street Greensburg, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 35,660‑square‑foot shopping center available for sale; 26,560‑square‑foot former grocery store available for lease; B1 zoning
More about this property
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