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Mixed-Use Property with Shop
For Sale
$585,000

1220 N Jackson Street, Greencastle, IN 46135

Includes a remodeled residence and a conditioned shop with office and storage areas.

Property Size4,330 SF
Price / SF$135.10
Days on Market735

Property Features for 1220 N Jackson Street

General Information

Standard status Active
Size 4,330 SF
Property subtype Office

Additional Details

Conditioned Warehouse Yes

Amenities

3

Building Details

Year Built 2009
Buildings 2
Listing Agency: RE/MAX Cornerstone
Listed By: Steven Custis · License #RB14034856
Source: Xome
Added: Aug 26, 2024 Changed: Aug 29 Last Checked: Aug 29 at 7:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Cornerstone

Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial building with a separate residence. The commercial component includes a reception area, four private offices, a full bathroom, kitchen, conference room, and a heated and cooled shop. Shop improvements include heavy-duty shelving, loft and storage areas, a car lift, air compressor system, 500-pound hoist, and two 14-foot overhead doors. The building’s interior configuration also supports potential residential use with bedrooms, a bathroom, kitchen, and dining area.

The accompanying home has three bedrooms and two full bathrooms and was remodeled in 2019. Updates included the furnace, air conditioning, and plumbing. Additional features include a laundry room, open living area with gas fireplace, eat-in kitchen, Russian Oak island, and appliances. The large lot accommodates semi trucks, RVs, and trailers.

Key Highlights

  • Commercial building with reception area, 4 private offices, kitchen, conference room, and full bathroom
  • Heated and cooled shop with loft, storage areas, and heavy‑duty shelving
  • Two 14' overhead doors, car lift, air compressor system, and 500lb hoist

Property Analytics

Current Use

Dallas Smith Corporation Department Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 46135, IN

19,869
Population
7,148
Households
2.8
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
167.1 sq mi
ZIP Area
119
Density / Sq Mi
$70,847
Median Household Income
$33,314
Median Earnings
$902
Median Rent
$200,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a remodeled residence and a conditioned shop with office and storage areas.
Where is this mixed-use property located?
The property is located at 1220 N Jackson Street Greencastle, IN.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Commercial building with reception area, 4 private offices, kitchen, conference room, and full bathroom; Heated and cooled shop with loft, storage areas, and heavy‑duty shelving; Two 14' overhead doors, car lift, air compressor system, and 500lb hoist
More about this property
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