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Property profile & analytics
OFF-MARKET
Office Spaces

127 129th E Main St Crawfordsville, IN 47933

19,926 SF 0.16 ac lot Built 1877
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US31-1767446
Property summary
AI-generated overview

This exceptional 1710-square-foot professional office space is located in the heart of downtown Crawfordsville, Indiana, at 127 E Main St, near Green Street. Situated on a 0.16-acre lot, this Class B building, constructed in 1877, offers a unique blend of historic charm and modern functionality. The space, located on the second floor and easily accessible via a passenger elevator, comprises a large reception/lobby area, four individual offices, and a dedicated storage room. Convenient amenities include private bathrooms and a kitchenette. Utilities included by the landlord are electricity, gas, water, sewer, taxes, and building insurance. Tenant responsibilities include phone, internet, liability insurance, personal property insurance, and janitorial services. The building is a three-story structure totaling 3178 square feet and currently houses a diverse mix of tenants, including a title company, law office, legal counsel, architect, and newspaper operations. The property is zoned B-1 and is part of Montgomery County. This is a rare opportunity to secure a well-appointed office space in a thriving downtown environment.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1877
Construction WOOD
Total area 19,926 SF
Lot 0.16 ac (6,752 SF)
APN 54-17-32-334-002.000-030
UPID US31-1767446
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
Current use
Occupant on record · Public records
  • Mc Gaughey & Sosbe Law Firm
  • Judith Kleine Architect Architect
  • Montgomery County Public Defenders Office Government Office
  • Elston Capital Partners LLC Financial Advisor
  • The Paper of Montgomery County Publishing House Newspaper & Magazine
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
Real Estate LLC · 8 yrs held
Real Estate LLC
since 2017
2 recorded transactions
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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