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Mixed-Use Historic Building
For Sale
$499,900
Pending

15 S Indiana St, Greencastle, IN 46135

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

Property SizeContact for details
Days on Market180

Property Features for 15 S Indiana St

General Information

Standard status Pending
Listing Agency: The Stewart Home Group
Listed By: Clint Cooper
Source: Exprealty
Added: Mar 11 Changed: Sep 4 Last Checked: Sep 5 at 10:59AM

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 The Stewart Home Group

Investment Insights

Based on property information with market context.

Originally built in 1919 and completely remodeled, this historic mixed-use building offers a bright, open office/retail space on the main level with large storefront windows, plus a half bath finished with tile. Improvements include new hardwood flooring throughout, new electrical and plumbing, and a brand-new fire suppression system.

Upstairs, the property features a 2-bedroom, 2 full-bath luxury Airbnb-style residence. The open-concept living area includes a modern electric LED fireplace, and the kitchen is finished with granite countertops featuring waterfall edges, contemporary lighting, and high-end finishes throughout. The building is being sold fully furnished exactly as it sits.

Located in downtown Greencastle’s Historic District, the property is described as within a short walk of DePauw University, with nearby dining and shopping supporting frequent foot traffic.

Key Highlights

  • Completely remodeled 1919 historic building in downtown Greencastle, located in the Historic District.
  • Main level offers a bright open office/retail space with large storefront windows and a half bath with full tile finishes.
  • Building updates include new hardwood flooring throughout, new electrical, new plumbing, and a brand‑new fire suppression system.

Property Analytics

Current Use

Boggess Law Office Law Firm Quality Title Insurance, ... Title Company

Suggested Use

Top Pick Pharmacy Law Firm Big Box & Wholesale Store Building Supply Garden Center Electrical 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

563
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
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Frequently Asked Questions

What type of property is this?
Office units - Remodeled 1919 building with a main-level office/retail area and a fully furnished 2-bedroom, 2-bath residence upstairs.
Where is this office units located?
The property is located at 15 S Indiana St Greencastle, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Completely remodeled 1919 historic building in downtown Greencastle, located in the Historic District.; Main level offers a bright open office/retail space with large storefront windows and a half bath with full tile finishes.; Building updates include new hardwood flooring throughout, new electrical, new plumbing, and a brand‑new fire suppression system.
More about this property
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