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Property profile & analytics
OFF-MARKET
Mixed-use properties

Monfort St Greensburg, IN 47240

1,074 SF 0.05 ac lot Built 1912
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1912
Total area 1,074 SF
Lot 0.05 ac (2,178 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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