For Sale
$1,800,000

1261 State St Greenfield, IN 46140

Thriving 11,757 SF retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 11,757 square foot, Class B retail center located at 1261-1267 N. State St., Greenfield, Indiana, 46140. Currently 100% occupied, the property features a diverse tenant mix including Subway, Greenfield Chiropractic, Liberty Tax, and Shining Stars Child Academy, demonstrating strong existing income streams. The property is classified as Office, Retail, and specifically as QSR/Fast Food, Restaurant, and Storefront. Its institutional investment type makes it an attractive option for portfolio diversification. The strategic location on State Street in Greenfield, Indiana offers excellent visibility and accessibility, with convenient proximity to I-70, ensuring high traffic flow and customer reach. The surrounding area boasts a vibrant mix of local businesses and national retailers, creating a thriving commercial environment. Furthermore, its proximity to amenities such as Greenfield Plaza and Riley Park, and Hancock Regional Hospital, enhances its appeal and potential for future growth. This unique strip center presents a compelling opportunity for investors seeking a stable, high-occupancy property in a rapidly growing area. The asking price for this exceptional property is $1,800,000.

Highlights

  • Rare opportunity: Strip center with office, medical, and retail space available for purchase.
  • Fully occupied, generating immediate cash flow.
  • Excellent location with high visibility and convenient access to amenities.
  • Proximity to Hancock Regional Hospital, a significant draw for tenants.
  • Strategic I-70 access ensures high traffic counts and convenient commutes.

Property Details for 1261 State St

Property type
Retail properties, Restaurants
Square Feet
11,757 SF
Class
B

Location Insight

City
Greenfield
County
Hancock
State
Indiana
Latitude
39.8014803
Longitude
-85.7693679

FAQs

What type of property is this?
Retail property - Thriving 11,757 SF retail center, 100% occupied.
Where is the retail property located?
The property is located at 1261 State St Greenfield, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Rare opportunity: Strip center with office, medical, and retail space available for purchase.; Fully occupied, generating immediate cash flow.; Excellent location with high visibility and convenient access to amenities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1261 State St
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