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Live-Work Property with Parking
For Sale
$450,000

205 S Spring, Greencastle, IN 46135

A two-level property offers space for a business below and living quarters above.

Property Size3,618 SF
Price / SF$124.38
Days on Market16

Property Features for 205 S Spring

General Information

Standard status Active
Size 3,618 SF
Total Parking Spaces 12
Property subtype Office
Listing Agency: eXp Realty, LLC
Listed By: LockStep Realty
Source: Locksteprealty
Added: Oct 15 Changed: Oct 28 Last Checked: Oct 28 at 1:26PM

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 eXp Realty, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,618-square-foot live-work property has commercial space on the ground level and residential space upstairs. The property includes 12 parking spaces and is described as being in excellent condition.

The site is on the campus of DePaul University, a few blocks from downtown shops and restaurants.

Key Highlights

  • 3,618‑square‑foot live‑work property
  • Business space on the ground floor with living space above
  • 12 parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tigers Den Hair Salon

Suggested Use

Top Pick Pharmacy Garden Center Locksmith Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

592
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Live-work space - A two-level property offers space for a business below and living quarters above.
Where is this live-work space located?
The property is located at 205 S Spring Greencastle, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,618‑square‑foot live‑work property; Business space on the ground floor with living space above; 12 parking spaces
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Includes: Price & PSF · Cap rate · Location · Zoning

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