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    10 Washington St Greencastle, IN 46135

    Sponsored
    For Sale
    $299,900

    Historic building, prime location, high ceilings.

    Property size:
    6,120 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 6,120 square foot retail property, situated on a 0.05-acre lot at 10 W Washington Street in Greencastle, Indiana, presents a unique investment opportunity. The building boasts a striking limestone facade and recently updated windows, enhancing its historic charm while maintaining modern functionality. Its prime location directly across from the county courthouse ensures high visibility and foot traffic. The main level, zoned Central Business, offers over 2,000 square feet of versatile space, perfect for a variety of retail uses. This level includes a convenient handicapped-accessible bathroom, a comfortable lounge area, a full bathroom, and a kitchenette, catering to both employees and customers. The spacious main level also features attractive high tin ceilings and modern neutral-toned vinyl plank flooring. Above the main level, an additional 2,000+ square feet offers significant potential for expansion. This upper level could be easily converted into residential units, additional office space, or further retail space, depending on the buyer's needs. A substantial, dry basement provides approximately 2,000 square feet of storage, accessible via a walk-out door to the alley. The property's proximity to downtown Greencastle's restaurants and shops adds to its appeal, offering easy access to amenities and a vibrant community atmosphere. This is a rare chance to acquire a landmark building in a thriving downtown area. Priced at $299,900.

    Property Features for 10 Washington St

    General Information

    Property type
    Retail properties
    Square Feet
    6,120 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1877
    Property Profile Location Intelligence

    Current Use by Public Records

    Considered Cloth Yarn Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greencastle
    County
    Putnam
    State
    Indiana
    Longitude
    -86.86481
    Latitude
    39.64378

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    FAQs

    What type of property is this?
    Retail property - Historic building, prime location, high ceilings.
    Where is this retail property located?
    The property is located at 10 Washington St Greencastle, IN.
    What is the asking price?
    The asking price for this property is $299,900.
    (765) 653-4663
    Request Owner's contact information
    10 Washington St 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
    10 Washington St Greencastle, IN 46135
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