Greencastle, IN Office Spaces for Sale

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Updated: May 17

Three-Level Retail-Front Office Building

25 W Franklin Street, Greencastle, IN 46135

$214,900

0.01 AC lot

Three‑level commercial space at 25 W Franklin Street in Greencastle, located on the north side of the Putnam County courthouse square
Street‑level storefront plus second‑floor office/studio space and a basement meeting room with extra storage
Electric heating and forced air system, with central air conditioning
Roof is rubber; updates include updated lighting and clean interior finishes
Exposed brick, tall windows, and original moldings

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Updated: Dec 5, 2025

Greencastle Commercial Property with Showroom

814 E Washington St, Greencastle, IN 46135

$295,000

3,500 sqft 1.12 AC lot

Highly visible location in Greencastle on a 1.12‑acre lot.
Over 3,500 sq. ft. of versatile space suitable for office, showroom, or multipurpose use.
Ample asphalt parking for employees and customers.
Handicapped accessible main level with lobby and reception area.
Flexible layout suitable for mixed‑use, multifamily conversion, or further commercial development.

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High-Visibility Retail Storefront

404 E Washington St, Greencastle, IN 46135

$149,900

300 sqft

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

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Versatile Commercial Space For Lease

1049 Indianapolis Road, Unit C, Greencastle, IN 46135

Contact for pricing

1,600 sqft

1,600 SF commercial space suitable for multiple uses.

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Mixed-Use Historic Building

15 S Indiana St, Greencastle, IN 46135

$559,900

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

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Mixed-Use Building with Blacksmith Shop

109 W Walnut St, Greencastle, IN 46135

$145,000

Brick house and rear shop building offer road visibility and distinct spaces for renovation, office or retail concepts.

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Multi-Unit Office and Warehouse

1285 South Jackson Street, Greencastle, IN 46135

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Multi-unit office building with four ground-level offices, two upper offices, and three attached warehouse spaces.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Professional Office Building with Offices

11 W National Avenue, Brazil, IN 47834

$100,000

0.06 AC lot

Turn-key main-floor office layout plus additional second-floor space for renovation or future expansion.

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Historic Bank Building with Rooftop Patio

31 E Main Street, Gosport, IN 47433

$225,000

0.04 AC lot

Historic 1867 building operating as a two-unit apartment with a rooftop patio and a basement studio with street entrance.

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Live-Work Building with Rooftop Access

31 E Main St, Gosport, IN 47433

Contact for pricing

5,088 sqft

Two-level live-work property with downstairs commercial space and upstairs living quarters featuring direct rooftop access.

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Flex Office and Warehouse Building

217 W National Avenue, Brazil, IN 47834

Contact for pricing

Two-story building includes main-level reception, offices/booths, warehouse with overhead door, and second-floor private access.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Highway Business Development Land

9377 S STATE ROAD 39, Mooresville, IN 46158

$3,400,000

9.34 AC lot

9.34-acre commercial parcel zoned Highway Business (HB) for flexible, retail- and service-oriented development in Mooresville.

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Commercial Land in Spencer, Indiana

2.861A W 46 Highway, Spencer, IN 47460

$499,900

2.86 AC lot

2.861-acre commercial land available in Spencer, Indiana.

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Zoned Commercial Development Land

S Elm Street, Crawfordsville, IN 47933

$750,000

5.00 AC lot

5-acre in-city land zoned B-3, suited for a range of commercial development plans.

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Commercial Land with Highway Frontage

3001 E Main Street, Plainfield, IN 46168

$900,000

2.87 AC lot

Commercially zoned land with road frontage and direct access off Washington Street for a variety of development uses.

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Off-Market Properties in Greencastle, IN

Consider similar Off-Market properties in Greencastle, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MEDICAL BUILDING

1140 Indianapolis Rd, Greencastle, IN 46135-1458

Value Estimation by Request

1,456 sqft 0.64 AC lot

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OFFICE (GENERAL)

1285 Jackson St, Greencastle, IN 46135-9029

$745,000

Estimated value

12,212 sqft 4.43 AC lot

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OFFICE (GENERAL)

1020 Ave F St, Greencastle, IN 46135-1894

Value Estimation by Request

4,100 sqft 1.35 AC lot

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OFFICE (GENERAL)

1007 Ml Pond Dr, Greencastle, IN 46135-1886

$755,000

Estimated value

11,375 sqft 1.36 AC lot

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OFFICE (GENERAL)

8 Jackson St, Greencastle, IN 46135-1512

Value Estimation by Request

7,480 sqft 0.05 AC lot

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MEDICAL BUILDING

819 Franklin St, Greencastle, IN 46135-1407

Value Estimation by Request

2,521 sqft 0.31 AC lot

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MEDICAL BUILDING

316 Medic Way, Greencastle, IN 46135-2296

Value Estimation by Request

6,077 sqft 3.12 AC lot

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MEDICAL BUILDING

305 Medic Way, Greencastle, IN 46135-2296

Value Estimation by Request

3,048 sqft 0.75 AC lot

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OFFICE (GENERAL)

204 College Ave, Greencastle, IN 46135-1323

Value Estimation by Request

3,960 sqft 0.25 AC lot

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OFFICE (GENERAL)

64 Us Hwy 231, Greencastle, IN 46135-7445

Value Estimation by Request

8,443 sqft 0.57 AC lot

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OFFICE (GENERAL)

16 Jackson St, Greencastle, IN 46135-1514

Value Estimation by Request

7,538 sqft 0.08 AC lot

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OFFICE (GENERAL)

15 Indiana St, Greencastle, IN 46135-1509

Value Estimation by Request

3,380 sqft 0.04 AC lot

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OFFICE (GENERAL)

6916 County Rd 490th W, Greencastle, IN 46135

Value Estimation by Request

4,560 sqft 2.50 AC lot

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OFFICE (GENERAL)

403 Indiana St, Greencastle, IN 46135-1020

Value Estimation by Request

2,345 sqft 0.21 AC lot

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MEDICAL BUILDING

1012 Ml Pond Dr, Greencastle, IN 46135-2601

Value Estimation by Request

5,078 sqft 0.98 AC lot

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OFFICE (GENERAL)

309 Franklin St, Greencastle, IN 46135-1381

Value Estimation by Request

6,812 sqft 0.64 AC lot

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OFFICE (GENERAL)

1095 County Rd 125th S, Greencastle, IN 46135

Value Estimation by Request

1,856 sqft 0.22 AC lot

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Greencastle, IN Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Greencastle, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 5,400 square feet of properties for sale, with an estimated market value of $1,364,700.

Sale prices for office spaces in Greencastle, IN start at $145,000, averaging $272,940, and reaching up to $559,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 20K

Population Growth (5Y) -5.6%

Median Household Income $70,847

College Educated 30.7%

High-Yield Neighborhoods for Investment

Identify Greencastle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46135	$219.9K

Taxes & Financing

Tax Rate (average for all types) 2.78%

Property Tax per SF $47.45 per SF

Tax Rate vs County Average 0.19 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Putnam County

New Delisted

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Greencastle, IN Office Spaces for Sale

25 W Franklin Street, Greencastle, IN 46135

814 E Washington St, Greencastle, IN 46135

404 E Washington St, Greencastle, IN 46135

1049 Indianapolis Road, Unit C, Greencastle, IN 46135

15 S Indiana St, Greencastle, IN 46135

109 W Walnut St, Greencastle, IN 46135

1285 South Jackson Street, Greencastle, IN 46135

Opportunities in Nearby Cities

11 W National Avenue, Brazil, IN 47834

31 E Main Street, Gosport, IN 47433

31 E Main St, Gosport, IN 47433

217 W National Avenue, Brazil, IN 47834

Potential Development Sites for Consideration

9377 S STATE ROAD 39, Mooresville, IN 46158

2.861A W 46 Highway, Spencer, IN 47460

S Elm Street, Crawfordsville, IN 47933

3001 E Main Street, Plainfield, IN 46168

Off-Market Properties in Greencastle, IN

1140 Indianapolis Rd, Greencastle, IN 46135-1458

1285 Jackson St, Greencastle, IN 46135-9029

1020 Ave F St, Greencastle, IN 46135-1894

1007 Ml Pond Dr, Greencastle, IN 46135-1886

8 Jackson St, Greencastle, IN 46135-1512

819 Franklin St, Greencastle, IN 46135-1407

316 Medic Way, Greencastle, IN 46135-2296

305 Medic Way, Greencastle, IN 46135-2296

204 College Ave, Greencastle, IN 46135-1323

64 Us Hwy 231, Greencastle, IN 46135-7445

16 Jackson St, Greencastle, IN 46135-1514

15 Indiana St, Greencastle, IN 46135-1509

6916 County Rd 490th W, Greencastle, IN 46135

403 Indiana St, Greencastle, IN 46135-1020

1012 Ml Pond Dr, Greencastle, IN 46135-2601

309 Franklin St, Greencastle, IN 46135-1381

1095 County Rd 125th S, Greencastle, IN 46135

Greencastle, IN Office Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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