1807 N Broadway St Greensburg, IN 47240
For Lease
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This Greensburg, Indiana retail center, located at 1807 N Broadway St, 47240, offers a unique investment opportunity. The property, totaling 14,863 square feet, sits on 0.6 to 1 acre of land and is currently 100% vacant. The flexible space allows for multiple configurations, with a minimum divisible unit of 1,200 square feet and a maximum contiguous space of 9,545 square feet. The property's strategic location on State Route 3, just half a mile from Interstate 74, ensures high visibility and accessibility. The surrounding area boasts a strong retail presence, including established businesses such as Rural King, Culver's, Wendy's, Walmart, ALDI, and Tractor Supply Co. Furthermore, the property benefits from a robust local economy, with Honda Manufacturing, employing over 3,000 people, situated only 5 miles away. The average household income within a 10-mile radius is $66,000, indicating a strong consumer base. This property presents a compelling opportunity for businesses seeking high-traffic exposure in a thriving community. The property is zoned for retail, restaurant, and land use. The Decatur County location provides access to a significant population base. The available space is highly adaptable to various retail concepts, offering up to 13,663 square feet of combinable contiguous space. This includes options for 9,545 square feet and 4,118 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.