120 S Pennsylvania St

120 S Pennnsylvania St Greenfield, IN 46140

120 S Pennnsylvania St, Greenfield, IN, 46140
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FOR SALE
Property Type:
Warehouse
Amount:
$825,000
Last Verified:
Aug 12, 2024

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Highlights

  • Highly visible
  • Directly adjacent to The Depot Street Park
  • Retail/storage income opportunities
  • Redevelopment Opportunities

Description

SVN | The Martin Group is please to present for sale 120 S. Pennsylvania St. The property consists of 4,230 SF of retail and storage space. The property's strategic location within Greenfield provides for a great opportunity to acquire income producing property at the edge of Greenfield's The Depot Street Park. This park is the home to many street festivals, concerts, and family movie nights. This property is highly visible and is a great investment property or part of a future redevelopment of Greenfield's downtown.

The property is located in Greenfield, IN approximately 25 minutes outside of Indianapolis. Greenfield is the county seat of Hancock County which is part of the Indianapolis MSA.


Year Built: 1971
Building Size: 4230sq ft
Lot Size: 0.26 acres


Documents

Property Record Card
SVN - Brochure (L)

Map of 120 S Pennnsylvania St, Greenfield, IN, 46140

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.