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714 N Michigan Avenue

Greensburg, IN 47240

ActiveListed Oct 21, 2026 · 1 day on market

Key facts

Living area
2,184 sqft
Lot
0.23 acres
Type
Commercial Sale · Mixed Use
MLS #
22129287
County
Decatur
Total building area
2,184 sqft

About this home

Prime Commercial Property in Greensburg - Outstanding Location & Potential! 714 N Michigan Ave, Greensburg, IN 47240 Offered at: $225,000 Position your business for success with this versatile commercial property located on a high-visibility corridor in Greensburg. Offering exceptional street exposure along N Michigan Ave, this property provides the ideal setup for retail, light industrial, automotive, service, or workshop operations as a former auto towing lot. Property Highlights: Building Size: 2,184 sq. ft. commercial/industrial structure featuring flexible interior layout options to suit a variety of business uses. Site & Acreage: 0.229 acres featuring flat topography and full public utility access. Paved Parking/Yard: 3,200 sq. ft. of asphalt paving providing ample off-street parking or outdoor staging space. Location: Prime Downtown / Mixed Commercial area with easy access to major local routes and community amenities. Zoning/Class: Other Retail Structures (Class 429) - adaptable for retail showroom, workshop, specialty services, or redevelopment. Whether you're looking to establish a new location for your business, expand your footprint, or add a solid commercial asset to your investment portfolio, this property offers incredible value and potential at an attractive price point. Schedule your private showing today!

Description provided by the listing brokerage.

Systems

Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSep Electric MeterSep Gas MeterSep Sewer MeterSewer ConnectedWater Connected

Lot and HOA

Zoning
Light industrial

Schools

School district
Decatur County Community Schools

Taxes

Estimated annual tax
$2,882 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,453per month, estimated
Principal and interest $1,134Property tax $240Insurance $79
20% · $45,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$225,000
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