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High-Visibility Retail Storefront
For Sale
$149,900

404 E Washington St, Greencastle, IN 46135

A 300 sq. ft. storefront on Hwy. 231 with General Business zoning, ample parking, and walkability to DePauw University.

Property Size300 SF
Price / SF$499.67
Days on Market453

Property Features for 404 E Washington St

General Information

Standard status Active
Size 300 SF
Zoning General Business

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Prime Real Estate ERA Powered
Listed By: Eric Wolfe · License #RB14040059
Source: Exprealty
Added: Jun 2, 2025 Changed: Aug 25 Last Checked: Aug 26 at 12:40PM

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 Prime Real Estate ERA Powered

Investment Insights

Based on property information with market context.

This property offers a 300 sq. ft. building suited for a range of retail or office-oriented uses under General Business zoning. The on-site lot is fully remediated, with old gas tanks professionally removed, and the property includes ample parking and three curb cuts for convenient customer and client access.

Located on Hwy. 231 in Greencastle, it is described as walkable to DePauw University and downtown. The remarks also note planned improvements, including new sidewalks and curbs with upgraded street lighting on the way. The site is also described as suitable for redevelopment, subject to applicable approvals.

Key Highlights

  • 300 sq. ft. storefront on Hwy. 231 with General Business zoning
  • Walkable to DePauw University and Greencastle’s downtown
  • Ample on‑site parking with three different curb cuts for customer access

Property Analytics

Current Use

Trog's Cloud 9 (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Garden Center Building Supply Electrical Service Grocery & Convenience 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,378 visits/mo 0.4 miles
Phillips 66 Shops & Services
5,814 visits/mo 0.4 miles
PNC Bank Shops & Services
4,577 visits/mo 0.3 miles
Old National Bank Shops & Services
2,726 visits/mo 0.3 miles
Neal Tire & Auto Service Shops & Services
944 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Silver Bell Flowers 17 S Vine St, Greencastle, IN 46135

Frequently Asked Questions

What type of property is this?
Storefront property - A 300 sq. ft. storefront on Hwy. 231 with General Business zoning, ample parking, and walkability to DePauw University.
Where is this storefront property located?
The property is located at 404 E Washington St Greencastle, IN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 300 sq. ft. storefront on Hwy. 231 with General Business zoning; Walkable to DePauw University and Greencastle’s downtown; Ample on‑site parking with three different curb cuts for customer access
More about this property
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