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7200 US-150 21,000 SF 100% Leased Office Building Greenville, IN 47124 $1,950,000 ($92.86/SF)
EXECUTIVE SUMMARY
Welcome to 7200 Hwy 150, Greenville, IN, formerly home to a Space Biotechnology Firm, offering a rare opportunity to acquire a purpose-built commercial campus with significant infrastructure and flexibility. Positioned along a highly traveled stretch of Highway 150, this property delivers strong visibility and accessibility and is zoned Office / Business, supporting a wide range of professional and commercial uses.
Built in 1999, the main building contains approximately 18,000 square feet and was originally designed for advanced biotechnology and laboratory operations, combined with professional office functions. The exterior is constructed of split-face concrete block and steel, while interior steel wall systems allow for efficient reconfiguration to suit future users.
The first and second floors feature extensive office space, conference rooms with retractable walls, multiple reception areas, a central lobby, and restrooms on each level. Vertical access is provided by both a main passenger elevator and a dedicated freight elevator, enhancing functionality for multi-level operations.
Infrastructure highlights include a second-floor server closet with dedicated air conditioning and CAT-6 ethernet, a 1,000-gallon propane tank, and a new roof, reducing near-term capital expenses. The basement level previously housed multiple laboratory areas, offering opportunities for specialized build-outs, secure storage, or adaptive reuse. On-site parking includes approximately 65 spaces.
Connected by an atrium, the rear building adds approximately 3,000 square feet and historically supported multi-use operations, including five offices, a restroom, machine shop, multiple lab areas, and a garage door entrance for equipment access. The main and rear buildings together sit on approximately 1.16 acres.
Next door on the same side of Highway 150, an additional approximately one-acre parcel includes a former restaurant and motel structure. Vacant for roughly 10 years and primarily used for storage, this parcel presents a potential redevelopment or land-value opportunity, subject to buyer due diligence.
With Office / Business zoning, strong highway exposure, and infrastructure originally designed for technical and professional use, this offering presents exceptional potential for medical, office, research, training, institutional, or redevelopment applications.
Schedule your private showing today to explore the scale, flexibility, and long-term value of this unique commercial opportunity.
Built in 1999, the main building contains approximately 18,000 square feet and was originally designed for advanced biotechnology and laboratory operations, combined with professional office functions. The exterior is constructed of split-face concrete block and steel, while interior steel wall systems allow for efficient reconfiguration to suit future users.
The first and second floors feature extensive office space, conference rooms with retractable walls, multiple reception areas, a central lobby, and restrooms on each level. Vertical access is provided by both a main passenger elevator and a dedicated freight elevator, enhancing functionality for multi-level operations.
Infrastructure highlights include a second-floor server closet with dedicated air conditioning and CAT-6 ethernet, a 1,000-gallon propane tank, and a new roof, reducing near-term capital expenses. The basement level previously housed multiple laboratory areas, offering opportunities for specialized build-outs, secure storage, or adaptive reuse. On-site parking includes approximately 65 spaces.
Connected by an atrium, the rear building adds approximately 3,000 square feet and historically supported multi-use operations, including five offices, a restroom, machine shop, multiple lab areas, and a garage door entrance for equipment access. The main and rear buildings together sit on approximately 1.16 acres.
Next door on the same side of Highway 150, an additional approximately one-acre parcel includes a former restaurant and motel structure. Vacant for roughly 10 years and primarily used for storage, this parcel presents a potential redevelopment or land-value opportunity, subject to buyer due diligence.
With Office / Business zoning, strong highway exposure, and infrastructure originally designed for technical and professional use, this offering presents exceptional potential for medical, office, research, training, institutional, or redevelopment applications.
Schedule your private showing today to explore the scale, flexibility, and long-term value of this unique commercial opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
21,000 SF
Year Built
1999
Price
$1,950,000
Price Per SF
$92.86
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
6,000 SF
Zoning
Office/Business - Commercial
AMENITIES
- Atrium
- Reception
- Air Conditioning
- Backup Power / Generators
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7200 US-150
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