1993 State StGreenfield, IN 46140

Property Details for 1993 State St

Year built

2005

Construction

WOOD

Lot size

2.15 AC

Property size (Sq ft)

5,080 SF

Property type

Turn key restaurants

APN

30-07-29-103-002.000-009

APU

300729103002000009

Description

This exceptional 2,420 square foot retail space is available for lease in Greenfield, Indiana. Located at 1993 N State St, this single-tenant property presents a fantastic opportunity for businesses seeking a high-visibility location within a thriving commercial area in Hancock County. The entire building, totaling 2,420 square feet, is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's classification as a retail space suggests its suitability for a wide range of businesses, from boutiques and restaurants to service providers. Its endcap location offers excellent street visibility and accessibility, ensuring high foot traffic and potential for increased customer engagement. The property is situated in Greenfield, Indiana, zip code 46140, providing convenient access to local amenities and a strong customer base. This is an ideal opportunity for a business looking to establish a strong presence in a growing community. The property's size and location make it an attractive option for a variety of retail ventures. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $749,000

  6.5%

  $691,385

  7%

  $642,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $656,121

  Geo Method

  $656,121

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,338,680

  Mixed-Use / Specialty

  $692,795

  Hospitality / Lodging

  $513,327

  Office

  $692,716

  Institutional / Educational

  $721,613

  Residential Income

  $844,287

  Multifamily

  $991,110

  Automotive / Energy

  $618,525

  Parking / Income-Based Land

  $209,617

  Restaurant / Food Service

  $368,598

  Healthcare / Senior Housing

  $706,475

Location Insight

City

Greenfield

County

Hancock

State

Indiana

Latitude

39.8135

Longitude

-85.7689

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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