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Three-Level Mixed-Use Storefront
For Sale
$200,000

25 W Franklin Street, Greencastle, IN 46135

Commercial Sale, Greencastle, IN

Property SizeContact for details
Lot Size0.01 Acres
Days on Market98

Property Features for 25 W Franklin Street

General Information

Property type Residential
Property subtype Office
Zoning CB
Parking features On Street
Middle school Greencastle Middle School
High school Greencastle Senior High School
Elementary school district Greencastle Community School Corp
Middle school district Greencastle Community School Corp
High school district Greencastle Community School Corp
Directions GPS Friendly
Subdivision 6714 - Putnam - Greencastle
Standard status Active
APN 670921202076000008
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description O P Lot 100
Legal Description O P Lot 100

Utilities

Utilities Cable Available
Heating system Electric (Heating), Forced Air
Cooling system Central Air

Amenities

meeting room
storage

Building Details

Year built 1900
Floors in Building 3
Roof type Rubber
Listing Agency: RE/MAX Cornerstone · RE/MAX International
Listed By: Nicole Stanley · License #RB20001058
Added: May 17 Changed: Aug 19 Last Checked: Aug 22 at 9:06PM
MLS# 22102754

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-level mixed-use property at 25 W Franklin Street places a street-level storefront beneath flexible second-floor office or studio space. The lower level adds a meeting room and storage. Exposed brick, tall windows, original moldings, updated lighting, and contemporary finishes create a blend of historic character and refreshed interior presentation. The property was built in 1900 and has Central Air, forced-air and electric heating, a rubber roof, and cable availability.

The building occupies the north side of the Putnam County courthouse square in downtown Greencastle, with street parking directly along the property and a public parking lot nearby. DePauw University's campus activity, local boutiques, restaurants, and recurring community events are close by. CB zoning is identified for the property.

Key Highlights

  • Three‑level mixed‑use building with storefront, office or studio space, meeting room, and storage
  • Built in 1900 with exposed brick, tall windows, original moldings, and updated lighting
  • Located on the north side of the Putnam County courthouse square

Property Analytics

Current Use

Prime Real Estate ... Real Estate Agency TotallyWhole Church Eric Wolfe, Prime ... Real Estate Agency The Eric Wolfe Team Real Estate Agency PRIME real estate ... Real Estate Agency

Suggested Use

Top Pick Pharmacy Garden Center Big Box & Wholesale Store Locksmith Electrical Service Daycare Center

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

521
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial space combines a street-facing shop, adaptable upper-level workspace, and basement meeting and storage areas.
Where is this mixed-use property located?
The property is located at 25 W Franklin Street Greencastle, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three‑level mixed‑use building with storefront, office or studio space, meeting room, and storage; Built in 1900 with exposed brick, tall windows, original moldings, and updated lighting; Located on the north side of the Putnam County courthouse square
More about this property
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