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Property profile & analytics
OFF-MARKET
Office Spaces

1220 Jackson St Greencastle, IN 46135

4,330 SF 0.88 ac lot Built 2009
Property ID
Property summary
AI-generated overview

This exceptional Greencastle, IN property seamlessly blends commercial and residential spaces. The 4,330 sq ft commercial building features a welcoming reception area, four private offices, a full bath, a well-equipped kitchen, and a spacious conference room complete with furniture. A heated and cooled shop area boasts heavy-duty shelving, a loft, ample storage, a car lift, an air compressor system, a 500lb hoist, and two 14' overhead doors. The property's semi-truck-friendly access and expansive 0.88-acre lot add significant value. The accompanying 3-bedroom, 2-bathroom home underwent a complete remodel in 2019, including new furnace, AC, and plumbing. Modern amenities include a convenient laundry room, an open-concept living area with a gas fireplace, an eat-in kitchen, and a large Russian Oak island—all appliances remain. This unique offering presents a rare opportunity to acquire a high-quality commercial space coupled with a beautifully updated residence, all situated on a generous lot in a desirable location. The property's versatility and comprehensive features make it an ideal investment for a discerning buyer. This is a truly remarkable property that must be seen to be fully appreciated. Further details on the residential portion are available via MLS #21998382.

Property profile
Verified
Property type Office Spaces
Year built 2009
Total area 4,330 SF
Lot 0.88 ac (38,333 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dallas Smith Corporation Department Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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