821 State Road 135

Greenwood, IN

$1,299,000

821 State Road 135, Greenwood, IN 46142

Greenwood, IN 46142

MLS# MBR22109233

Listed 1 day ago

0 Beds
0 Baths

About this home

Headline: 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)

Property Details

Type
Commercial
Lot Size
0.58 acres
Listed
1 day ago
County
Johnson
Listing Office
MYL Realty, LLC
Listing Agent
Deshuang Man

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$6,568/mo

Principal & interest
$6,568
Loan amount
$1,039,200

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Listed by MYL Realty, LLC with Deshuang Man. Contact deshuangman@yahoo.com.

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 21, 2026 at 10:31 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

Based on information submitted to the MLS GRID as of September 21, 2026 at 10:31 PM EDT. 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.