Greencastle, IN Commercial Real Estate for Sale

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Three-Level Retail-Front Office Building
Updated: May 17
Three-Level Retail-Front Office Building

25 W Franklin Street, Greencastle, IN 46135

$214,900
0.01 AC lot
Three‑level commercial space at 25 W Franklin Street in Greencastle, located on the north side of the Putnam County courthouse square
Street‑level storefront plus second‑floor office/studio space and a basement meeting room with extra storage
Electric heating and forced air system, with central air conditioning
Roof is rubber; updates include updated lighting and clean interior finishes
Exposed brick, tall windows, and original moldings
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Pole Barn Warehouse with Overhead Door
Updated: Feb 14, 2022
Pole Barn Warehouse with Overhead Door

1651 E Us Highway 40, Greencastle, IN 46135

$2,000,000
4.89 AC lot
1987 corner‑lot commercial property with entrances on US Highway 40 and US 231
Two parcels totaling 4.89 acres (2.95 acres and 1.94 acres)
60' x 42' pole barn built in 1987 with poured concrete floor, electric/heat, and a large overhead service door
Older building on‑site built in 1960
Natural gas is available
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Rural Acreage with Pasture and Build Site
Rural Acreage with Pasture and Build Site

7189 West County Road 75 South, Greencastle, IN 46135

$600,000
1,698,840 sqft 40.00 AC lot

40+ acre property with fenced pasture, mature woods, outbuildings, and a build site with poured basement.

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Greencastle Commercial Property with Showroom
Greencastle Commercial Property with Showroom

814 E Washington St, Greencastle, IN 46135

$295,000
3,500 sqft 1.12 AC lot

Versatile commercial property with office, showroom, and redevelopment potential.

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20,000 SF Commercial Property
20,000 SF Commercial Property

1021 Indianapolis Rd, Greencastle, IN 46135

$2,500,000
20,000 sqft 2.15 AC lot

2.15 acre commercial property in Greencastle's business district.

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High-Visibility Retail Storefront
High-Visibility Retail Storefront

404 E Washington St, Greencastle, IN 46135

$149,900
300 sqft

A 300 sq. ft. storefront on Hwy. 231 with General Business zoning, ample parking, and walkability to DePauw University.

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Versatile Commercial Space For Lease
Versatile Commercial Space For Lease

1049 Indianapolis Road, Unit C, Greencastle, IN 46135

Contact for pricing
1,600 sqft

1,600 SF commercial space suitable for multiple uses.

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Industrial Warehouse For Sale
Industrial Warehouse For Sale

208 N Jackson Street, Greencastle, IN 46135

$184,900

Warehouse property offered for sale, positioned for practical industrial and storage use with GPS-friendly access.

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Mixed-Use Historic Building
Mixed-Use Historic Building

15 S Indiana St, Greencastle, IN 46135

$559,900

Remodeled 1919 building with a main-level office/retail area and a fully furnished 2-bedroom, 2-bath residence upstairs.

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Mixed-Use Building with Blacksmith Shop
Mixed-Use Building with Blacksmith Shop

109 W Walnut St, Greencastle, IN 46135

$145,000

Brick house and rear shop building offer road visibility and distinct spaces for renovation, office or retail concepts.

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High-Traffic Corner Lot on Highway
High-Traffic Corner Lot on Highway

1651 E Us Highway 40, Greencastle, IN 46135

$2,000,000
4.89 AC lot

4.89 acres with pole barn and highway access.

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Flex Manufacturing Building with Parking
Flex Manufacturing Building with Parking

20 S Jackson St, Greencastle, IN 46135

$325,000

Print shop building features a drive-in overhead door, walk-out basement with overhead access, and three-inch concrete flooring.

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Multi-Unit Office and Warehouse
Multi-Unit Office and Warehouse

1285 South Jackson Street, Greencastle, IN 46135

Contact for pricing

Multi-unit office building with four ground-level offices, two upper offices, and three attached warehouse spaces.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Absolute Net Subway Restaurant
Absolute Net Subway Restaurant

1032 N Main St, Cloverdale, IN 46120

$739,000
1,620 sqft

For sale Subway restaurant offered on an absolute net basis in Cloverdale, Indiana.

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Turnkey Event Venue and Apartments
Turnkey Event Venue and Apartments

5056 Milton Street, Coatesville, IN 46121

$1,390,000
1.52 AC lot

Established event venue with indoor and outdoor space plus additional brick buildings and a rent-ready apartment.

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Turnkey Wedding & Event Venue
Turnkey Wedding & Event Venue

5056 Milton St, Coatesville, IN 46121

Contact for pricing
15,240 sqft

Turnkey downtown event venue with indoor and outdoor space plus rent-ready second-floor apartment for added flexibility.

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Agricultural Land with Road Frontage
Agricultural Land with Road Frontage

925 S County Road 125 E, Cloverdale, IN 46120

$500,000
20.00 AC lot

Agricultural land with electric at the road and frontage along two sides on two different roads.

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Off-Market Properties in Greencastle, IN

Consider similar Off-Market properties in Greencastle, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

841 Indianapolis Rd
MINI-WAREHOUSE, STORAGE

841 Indianapolis Rd, Greencastle, IN 46135-1451

$1,055,000
Estimated value
19,600 sqft 5.19 AC lot
View details
124 Jackson St
COMMERCIAL (GENERAL)

124 Jackson St, Greencastle, IN 46135-1282

Value Estimation by Request
5,784 sqft 0.13 AC lot
View details
1140 Indianapolis Rd
MEDICAL BUILDING

1140 Indianapolis Rd, Greencastle, IN 46135-1458

Value Estimation by Request
1,456 sqft 0.64 AC lot
View details
24 Indiana St
RETAIL STORES (PERSONAL SERVICES)

24 Indiana St, Greencastle, IN 46135-1583

Value Estimation by Request
13,770 sqft 0.11 AC lot
View details
100 Putnam Plz
CAR WASH

100 Putnam Plz, Greencastle, IN 46135

Value Estimation by Request
612 sqft 0.67 AC lot
View details
1285 Jackson St
OFFICE (GENERAL)

1285 Jackson St, Greencastle, IN 46135-9029

$745,000
Estimated value
12,212 sqft 4.43 AC lot
View details
20 Cedar Dr
COMMERCIAL (GENERAL)

20 Cedar Dr, Greencastle, IN 46135-2254

Value Estimation by Request
0.90 AC lot
View details
10 Washington St
COMMERCIAL (GENERAL)

10 Washington St, Greencastle, IN 46135-1551

Value Estimation by Request
6,120 sqft 0.05 AC lot
View details
115 Jackson St
WAREHOUSE, STORAGE

115 Jackson St, Greencastle, IN 46135-1231

Value Estimation by Request
8,557 sqft 0.31 AC lot
View details
4446 County Rd 450th N
MINI-WAREHOUSE, STORAGE

4446 County Rd 450th N, Greencastle, IN 46135

Value Estimation by Request
3,300 sqft 2.98 AC lot
View details
1020 Ave F St
OFFICE (GENERAL)

1020 Ave F St, Greencastle, IN 46135-1894

Value Estimation by Request
4,100 sqft 1.35 AC lot
View details

Greencastle, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Greencastle, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,724,240 square feet of properties for sale, with an estimated market value of $8,974,600.

Sale prices for business properties in Greencastle, IN start at $145,000, averaging $815,872, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 20K
Population Growth (5Y) -5.6%
Median Household Income $70,847
College Educated 30.7%

High-Yield Neighborhoods for Investment

Identify Greencastle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46135 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $47.45 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Putnam County

New Delisted

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