Property profile

621 N State St Greenfield, IN 46140

FOR SALE
Office Spaces
Property ID
US31-1301815
2,020 SF Built 1915
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Property summary

AI-generated overview

This stunning 2,020-square-foot mixed-use building at 621 N. State St., Greenfield, Indiana, presents a unique investment opportunity. Originally built in 1915 and renovated in a recent year, this Class A property boasts beautiful original woodwork, a grand staircase, and modern updates throughout. The building features two stories, with a permitted Traditional Neighborhood (TD) zoning allowing for flexible uses. Currently configured as a fully occupied (100%) traditional office space, the property includes private offices (formerly bedrooms), a large conference room (formerly a living room), and a full bath with a claw-foot tub. All closets are cedar-lined. The building is fully wired/cabled, and exterior utility lines have been buried. Heating and cooling are provided by two new furnaces and A/C units, each with its own thermostat, supplemented by a still-operable boiler with its own thermostat. Professional smoke detectors are installed. The 8,624-square-foot lot offers ample parking. Recent updates include a completed structural engineer report. Asking price is $339,900. This property combines historic charm with modern functionality, making it an ideal investment in a desirable Greenfield location (zip code 46140).

Property profile

Verified
Property type Office Spaces
Year built 1915
Total area 2,020 SF
UPID US31-1301815

Cap rate & NOI

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

Location

621 N State St Greenfield, IN 46140
Greenfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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