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    FOR SALE
    Medical Office Space

    814 E Washington St, Greencastle, IN 46135

    4,389 SF 1.12 ac lot Built 1900
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US31-1249796
    Property summary
    AI-generated overview

    This exceptional 4,389 square foot medical office building is ideally situated on a 1.12-acre lot in Greencastle, Indiana, offering convenient proximity to the downtown area. The property boasts a thoughtfully designed layout, perfect for a variety of medical practices. A spacious waiting room welcomes patients, while multiple exam rooms provide ample space for consultations and examinations. A sizable open area is adaptable for use as a laboratory or other specialized medical function. Dedicated office spaces cater to administrative staff needs, and a designated check-in and check-out counter ensures efficient patient flow. Secure storage for medical records is included, along with a separate employee entrance for enhanced privacy and organization. The property features abundant parking, including designated handicap-accessible spaces, ensuring convenient access for all patients and staff. This turnkey medical facility presents a rare opportunity to establish or expand a thriving medical practice in a desirable location. The building is ready for immediate occupancy, eliminating the need for extensive renovations or construction delays. This is a remarkable opportunity for medical professionals seeking a well-equipped and conveniently located space to serve the Greencastle community. The asking price is $345,000.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1900
    Construction WOOD
    Total area 4,389 SF
    Lot 1.12 ac (48,657 SF)
    Zoning code ZO01
    APN 67-09-22-202-031.000-008
    UPID US31-1249796
    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
    • Hodges Woodall Optometry, PC Physician
    • Daryl Hodges Physician
    • Leslie Woodall Physician
    • Dr. Leslie Woodall Physician
    • Dr. Nicholas Woodall Physician
    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
    Woodall Properties LLC · 7 yrs held
    Woodall Properties LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    ZO01 · Greencastle, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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