221 Grn St, Crawfordsville, IN 47933-1702
- Office Spaces
- 4,954 SF
- 0.66 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 221 Grn St
- Year built
- 1951
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.66 lot acres
- Property type
- Office Spaces
- APN
- 54-17-32-224-001.000-030
- APU
- 541732224001000030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 15, 2024 | — | 3b2g Properties LLC | — | Deed · related | $600k · Tri-county Bank & Trust |
| Oct 15, 2021 | — | 3b2g Properties LLC | Coudret Properties LLC | Warranty Deed | — |
| Aug 15, 2019 | — | Coudret Properties LLC | Homer Automotive INC | Quit Claim Deed · related | $140k · Hoosier Heartland State Bank |
| Jul 7, 2015 | — | Horner Automotive INC | Horner Pontiac Buick INC | Warranty Deed | — |
Description
This exceptional commercial property, the former Horner's Corner Building, is situated in the heart of Crawfordsville, Indiana. The 13,435 square foot building offers nine versatile rental units, eight of which are currently under lease, generating a substantial monthly rental income of $10,400. With the potential to reach $11,800 per month at full occupancy, this property presents a compelling investment opportunity. The building features a newly blacktopped parking lot providing 49 striped parking spaces, plus an additional six covered spaces leased to a neighboring business. A significant portion of the building, 8,234 square feet, was newly constructed in 2022, while the remaining space underwent a complete renovation in 2021. This ensures modern, high-quality, and adaptable spaces for tenants. The property sits on a 0.85-acre lot and is priced at $1,515,000. This is a rare chance to acquire a key piece of Crawfordsville's thriving downtown commercial area, offering both immediate income and significant long-term potential. The combination of nearly full occupancy, recent renovations, and ample parking makes this a truly attractive investment.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Crawfordsville
- County
- Montgomery
- State
- Indiana
- Longitude
- -86.9003
- Latitude
- 40.0437
- CBSA code
- 18820
- CBSA name
- CRAWFORDSVILLE, IN MICROPOLITAN STATISTICAL AREA
