Monfort St Greensburg, IN 47240
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.