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    2 Depot St Greencastle, IN 46135

    For Sale
    $439,900

    Turnkey Office Space, 4,257 sq ft, Auction January 22nd

    Property size:
    4,257 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property at 2 Depot Street, Greencastle, Indiana, presents a unique opportunity for business owners. The 4,257 square foot building boasts a versatile and well-designed layout, perfect for a variety of professional uses. Multiple private offices provide individual workspaces, while spacious meeting rooms and collaborative areas cater to team interactions and client presentations. The property is fully ADA compliant, ensuring accessibility for all. Modern finishes and abundant natural light create a comfortable and productive work environment. Situated in a desirable commercial district, this location offers both functionality and convenience, making it an attractive option for businesses seeking a prominent presence. The building sits on a one-acre lot, providing ample space and potential for future expansion. The property is being offered at public auction on-site on January 22nd, 2025, at 6:00 PM. However, interested parties may choose to purchase the property prior to the auction date. Showings can be arranged. This is a turnkey opportunity to acquire a high-quality commercial space in a thriving location. Don't miss this chance to secure your business's future in this exceptional Greencastle property.

    Property Features for 2 Depot St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,257 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1996
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Milestone Clubhouse Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greencastle
    County
    Putnam
    State
    Indiana
    Longitude
    -86.86636
    Latitude
    39.65302

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    FAQs

    What type of property is this?
    Office Property / Space - Turnkey Office Space, 4,257 sq ft, Auction January 22nd
    Where is this office property / space located?
    The property is located at 2 Depot St Greencastle, IN.
    What is the asking price?
    The asking price for this property is $439,900.
    (317) 831-1313
    Request Owner's contact information
    2 Depot St Greencastle, IN 46135
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    Greencastle, IN 46135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Depot St Greencastle, IN 46135
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