Property profile

1028 South St Greenfield, IN 46140

OFF-MARKET
Retail properties & Spaces
1,560 SF 0.12 ac lot Built 1973
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,560 square foot retail property, situated on a 0.12-acre lot at 1028 W South Street in Greenfield, Indiana, presents a unique investment opportunity. Currently operating as a pool hall, the building offers significant potential for a variety of uses, including, but not limited to, a hair salon or office space. The existing layout includes a small kitchen area, which could be easily adapted to suit different business needs. Two restrooms are conveniently located within the building. The property's versatility is further enhanced by its prime location in Greenfield, offering excellent visibility and accessibility. Prospective buyers are encouraged to verify zoning regulations to ensure compliance with their intended use. The asking price for this well-maintained property is $229,000. This represents a compelling opportunity to acquire a strategically located retail space with adaptable features in a thriving community. The existing pool hall setup provides a functional starting point, or the space can be easily renovated to meet the requirements of a new business. Serious inquiries are welcome. Don't miss this chance to own a piece of Greenfield's commercial landscape. The property's size and location make it an ideal investment for entrepreneurs seeking a foothold in a growing market. Further due diligence is recommended to fully assess the property's potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1973
Total area 1,560 SF
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1028 South St Greenfield, IN 46140
Greenfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1028 South St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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