127 Main StCrawfordsville, IN 47933

Property Details for 127 Main St

Year built

1877

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

19,926 SF

Property type

Office properties

APN

54-17-32-334-002.000-030

APU

541732334002000030

Description

This exceptional 1710-square-foot professional office space is located in the heart of downtown Crawfordsville, Indiana, at 127 E Main St, near Green Street. Situated on a 0.16-acre lot, this Class B building, constructed in 1877, offers a unique blend of historic charm and modern functionality. The space, located on the second floor and easily accessible via a passenger elevator, comprises a large reception/lobby area, four individual offices, and a dedicated storage room. Convenient amenities include private bathrooms and a kitchenette. Utilities included by the landlord are electricity, gas, water, sewer, taxes, and building insurance. Tenant responsibilities include phone, internet, liability insurance, personal property insurance, and janitorial services. The building is a three-story structure totaling 3178 square feet and currently houses a diverse mix of tenants, including a title company, law office, legal counsel, architect, and newspaper operations. The property is zoned B-1 and is part of Montgomery County. This is a rare opportunity to secure a well-appointed office space in a thriving downtown environment.

• CAP approach

  CAP return

  Valuation

  6%

  $6,403,648

  6.5%

  $5,911,060

  7%

  $5,488,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,595,362

  Geo Method

  $2,595,362

• Alternative Use

  Use

  Valuation

  Residential

  $7,329,714

  Hospitality

  $6,713,979

  Educational

  $5,585,952

  Medical

  $5,778,062

  Retail

  $8,689,258

Location Insight

City

Crawfordsville

County

Montgomery

State

Indiana

Latitude

40.0414

Longitude

-86.9002

CBSA code

18820

CBSA name

CRAWFORDSVILLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].