821 N State Road 135Greenwood, IN 46142




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$5,927Headline: Prime Greenwood Investment! 8,500 SF 3-Story Commercial Building with $6,300/Mo Active Income & Planned Elevator Overview: Exceptional investment or owner-user opportunity in Greenwood, IN! Zoned CM (Commercial Medium), this versatile 8,500 SF, 3-story office building offers immediate, stable cash flow with tremendous leasing upside. Key Features: 1. Immediate $6,300/Mo Income: Generating steady revenue from day one. The entire 2nd floor is leased to an established medical doctor's clinic for $5,800/month, and one room on the 3rd floor is currently leased for $500/month. 2. Planned Elevator Upgrade: Seller is actively coordinating the installation of a brand-new elevator connecting the first floor to the lower level, ensuring seamless accessibility. 3. Walk-Out Lower Level: Features a premium walk-out lower level with grade-level rear access and full natural light-perfect for private client entry or separate office suites. 4. Value-Add Upside: Remaining spaces on the 1st and 3rd floors are ready for lease, ideal for expanding your own business or maximizing market rents. Premium location with high visibility and ample parking. Schedule your private tour today! Quick Specs: * Current Income: $6,300 / Month (2nd Fl Medical + 3rd Fl Room) * Size/Zoning: 8,500 SF | CM Zoning * Layout: 3 Stories (with Walk-out Lower Level) * Special Amenity: Planned Elevator (1st Floor to Lower Level)
| 19 hours ago | Listing first seen on site | |
| 19 hours ago | Listing updated with changes from the MLS® |
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Based on information submitted to the MLS GRID as of 2026-06-20 02:39 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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