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    1220 Jackson St Greencastle, IN 46135

    Sponsored
    For Sale
    $685,000

    Versatile Commercial & Residential Property

    Property size:
    4,330 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Greencastle, IN property seamlessly blends commercial and residential spaces. The 4,330 sq ft commercial building features a welcoming reception area, four private offices, a full bath, a well-equipped kitchen, and a spacious conference room complete with furniture. A heated and cooled shop area boasts heavy-duty shelving, a loft, ample storage, a car lift, an air compressor system, a 500lb hoist, and two 14' overhead doors. The property's semi-truck-friendly access and expansive 0.88-acre lot add significant value. The accompanying 3-bedroom, 2-bathroom home underwent a complete remodel in 2019, including new furnace, AC, and plumbing. Modern amenities include a convenient laundry room, an open-concept living area with a gas fireplace, an eat-in kitchen, and a large Russian Oak island—all appliances remain. This unique offering presents a rare opportunity to acquire a high-quality commercial space coupled with a beautifully updated residence, all situated on a generous lot in a desirable location. The property's versatility and comprehensive features make it an ideal investment for a discerning buyer. This is a truly remarkable property that must be seen to be fully appreciated. Further details on the residential portion are available via MLS #21998382.

    Property Features for 1220 Jackson St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,330 SF
    Lot Size
    38,333 SF

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    Dallas Smith Corporation Store

    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
    -86.86681
    Latitude
    39.65686

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Versatile Commercial & Residential Property
    Where is this office property / space located?
    The property is located at 1220 Jackson St Greencastle, IN.
    What is the asking price?
    The asking price for this property is $685,000.
    (765) 653-7070
    Request Owner's contact information
    1220 Jackson 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
    1220 Jackson St Greencastle, IN 46135
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