Greencastle, IN Commercial Real Estate for Sale

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

25 W Franklin Street, Greencastle, IN 46135

$200,000
0.01 AC lot
Three‑level office property built in 1900
Street‑level storefront with second‑floor office or studio space
Basement meeting room and additional storage
Exposed brick, tall windows, and original moldings
Updated lighting and interior finishes with central air
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Commercial Land with Pole Barn
Updated: Feb 14, 2022
Commercial Land with Pole Barn

1651 E Us Highway 40, Greencastle, IN 46135

$2,000,000
4.89 AC lot
4.89 acres across two parcels: 2.95A and 1.94 acres
60x42 pole barn with poured concrete floor, electric, heat, and an overhead service door
Pole barn built in 1987; additional building built in 1960
Entrance with a turning lane on US Highway 40
Separate entrance off US 231
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Renovated Mid-Century Office Building
Renovated Mid-Century Office Building

403 N Indiana St, Greencastle, IN 46135

$499,900
2,345 sqft

Three private offices, an updated kitchen, and two renovated bathrooms support day-to-day office operations.

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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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Flex Manufacturing Building with Parking
Flex Manufacturing Building with Parking

20 S Jackson St, Greencastle, IN 46135

$295,000
10,608 sqft

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

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Industrial Warehouse For Sale
Industrial Warehouse For Sale

208 N Jackson St, Greencastle, IN 46135

$169,900
4,368 sqft

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

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

1021 Indianapolis Rd, Greencastle, IN 46135

$2,500,000
20,250 sqft 2.15 AC lot

2.15 acre commercial property in Greencastle's business district.

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Greencastle Commercial Property with Showroom
Greencastle Commercial Property with Showroom

814 E Washington St, Greencastle, IN 46135

$295,000
4,389 sqft 1.12 AC lot

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

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

109 W Walnut St, Greencastle, IN 46135

$99,900
2,158 sqft

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

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Mixed-Use Historic Building
Mixed-Use Historic Building

15 S Indiana St, Greencastle, IN 46135

$499,900
3,380 sqft

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

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Land
Land

000 S County Road 250 E, Greencastle, IN 46135

$1,140,000

Farms

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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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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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 Wedding & Event Venue
Turnkey Wedding & Event Venue

5056 Milton St, Coatesville, IN 46121

$1,390,000
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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Operational Wedding Venue
Operational Wedding Venue

5056 Milton Street, Coatesville, IN 46121

$1,390,000
1.52 AC lot

Established event property includes indoor and outdoor gathering areas plus a rent-ready second-floor apartment.

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Downtown Retail-Flex Property
Downtown Retail-Flex Property

51 N Main St, Cloverdale, IN 46120

$1,250,000

Two-building retail-flex site on US 231 with dedicated warehouse and storage areas plus off-street parking.

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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

Estimated value:
$425,000
19,600 sqft 5.19 AC lot
View details
124 Jackson St
COMMERCIAL (GENERAL)

124 Jackson St, Greencastle, IN 46135-1282

Estimated value:
$245,000
5,784 sqft 0.13 AC lot
View details
1140 Indianapolis Rd
MEDICAL BUILDING

1140 Indianapolis Rd, Greencastle, IN 46135-1458

Estimated value:
$250,000
1,456 sqft 0.64 AC lot
View details
24 Indiana St
RETAIL STORES (PERSONAL SERVICES)

24 Indiana St, Greencastle, IN 46135-1583

Estimated value:
$330,000
13,770 sqft 0.11 AC lot
View details
100 Putnam Plz
CAR WASH

100 Putnam Plz, Greencastle, IN 46135

Estimated value:
$255,000
612 sqft 0.67 AC lot
View details
1285 Jackson St
OFFICE (GENERAL)

1285 Jackson St, Greencastle, IN 46135-9029

Estimated value:
$355,000
12,212 sqft 4.43 AC lot
View details
20 Cedar Dr
COMMERCIAL (GENERAL)

20 Cedar Dr, Greencastle, IN 46135-2254

Estimated value:
$245,000
0.90 AC lot
View details
10 Washington St
COMMERCIAL (GENERAL)

10 Washington St, Greencastle, IN 46135-1551

Estimated value:
$300,000
6,120 sqft 0.05 AC lot
View details
115 Jackson St
WAREHOUSE, STORAGE

115 Jackson St, Greencastle, IN 46135-1231

Estimated value:
$290,000
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

Estimated value:
$285,000
3,300 sqft 2.98 AC lot
View details
1020 Ave F St
OFFICE (GENERAL)

1020 Ave F St, Greencastle, IN 46135-1894

Estimated value:
$270,000
4,100 sqft 1.35 AC lot
View details
1007 Ml Pond Dr
OFFICE (GENERAL)

1007 Ml Pond Dr, Greencastle, IN 46135-1886

Estimated value:
$755,000
11,375 sqft 1.36 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 12 active listings on our real estate platform. These investment opportunities span a total of 47,798 square feet of properties for sale, with an estimated market value of $9,849,500.

Sale prices for business properties in Greencastle, IN start at $99,900, averaging $820,791, 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 $821.2K

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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