Property profile

220 Main St Greenwood, IN 46142

OFF-MARKET
Retail space
Property ID
US31-0513464
4,524 SF 0.41 ac lot Built 1968
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This street-level retail storefront is located in Downtown Greenwood on a 0.41-acre lot and is zoned OT. The building provides more than 4,500 square feet of interior space, including a 38-by-35-foot showroom area at the front. Behind the sales area, there is a large open back-of-house space that was used for storage and could be repurposed for additional retail, office, production, or creative uses. A 7-foot garage door supports deliveries and loading access. The site has nearby public parking, and the layout is suited to a range of retail and service uses such as furniture sales, e-commerce operations with showroom or office space, and electronics repair, depending on permitted zoning and tenant requirements.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Construction WOOD
Total area 4,524 SF
Lot 0.41 ac (17,729 SF)
APN 41-02-32-013-113.000-026
UPID US31-0513464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

220 Main St Greenwood, IN 46142-3128
Greenwood metro Census 610300 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2022
$545,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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