Current Use by Public Records
- Mixed-use properties
Property Details for Monfort St
- Year built
- 1912
- Lot size
- 0.05 lot acres
- Property type
- Mixed-use properties
Description
This exceptional 1,074-square-foot mixed-use property at 0 Monfort North Street in Greensburg, Indiana presents a rare investment opportunity. Situated on a 0.05-acre lot, this building boasts a fascinating past as the former storage and heating facility for the Jerman Housing Building across the street. A remarkable feature is the presence of an existing underground tunnel, adding a unique element to this already intriguing property. The building's current condition offers a blank canvas for a creative entrepreneur or investor. Its versatile nature allows for a multitude of potential uses, including but not limited to storage, conversion into a rental unit, or adaptive reuse for a variety of commercial purposes. The asking price of $6,900 makes this a highly accessible entry point into the Greensburg real estate market. The property's historical significance and the potential for innovative redevelopment make it an attractive proposition for those seeking a distinctive investment with significant upside. This is a chance to acquire a piece of Greensburg's heritage and shape its future. The property's size and location offer considerable flexibility, allowing for a range of development options to suit diverse business needs. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greensburg
- County
- Decatur
- State
- Indiana
- Longitude
- -85.4873
- Latitude
- 39.3366
