7183 Us Highway 40 Greenfield, IN 46140
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Greenfield, IN: Multi-tenant income property
Property size:
10,608 SFProperty Features for 7183 Us Highway 40
General Information
- Property type
- Individual retail properties
- Square Feet
- 10,608 SF
- Lot Size
- 481,774 SF
Building Details
- Buildings
- 5
- Units
- 3
Listing Agency: BEN BASHAL Listing Agent: Jhirmal Singh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use investment opportunity encompasses a substantial 11.06-acre portfolio situated along the bustling US Highway 40 in Greenfield, Indiana. The property comprises five buildings totaling 10,608 square feet, strategically divided across four parcels (APN: 30-09-02-400-010.000-015). The portfolio includes a diverse range of uses, catering to both residential and commercial tenants. Currently, three tenants generate a combined monthly income of approximately $6,800, excluding potential agricultural land rental income. The property's zoning permits mixed uses, offering flexibility for future development or expansion. One parcel includes a currently leased residential building (7183 W US Hwy 40), while another houses a retail storefront (7183 W US Hwy 40), currently operating as a hair salon. Two additional parcels, totaling 9.06 acres, are designated as agricultural land (7181 W US Hwy 40), presenting further income potential. This prime location on US Highway 40 ensures high visibility and accessibility, making it an attractive investment for both seasoned and emerging investors seeking a diversified income stream and significant growth potential. The asking price is $3,990,000, translating to a price per square foot of $376.13. This is a rare opportunity to acquire a well-established, multi-tenant property with significant upside potential in a thriving Indiana market.
Property Profile
Location Intelligence
Current Use by Public Records
Residential income homes
Location Insight
- Map
- Local Demand
- City
- Greenfield
- County
- Hancock
- State
- Indiana
- Longitude
- -85.9375434
- Latitude
- 39.7770898
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FAQs
What type of property is this?
Individual retail property - Greenfield, IN: Multi-tenant income property
Where is this individual retail property located?
The property is located at 7183 Us Highway 40 Greenfield, IN.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Four-parcel portfolio totaling approximately 11 acres on US-40.; One-acre retail parcel (7173, 7175, 7177 W US 40) with existing hair salon tenant.; Nine-acre agricultural parcel (7181 W US 40).