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Property profile & analytics
OFF-MARKET
Commercial real estate

10 Washington St Greencastle, IN 46135-1551

6,120 SF 0.05 ac lot Built 1877
Entity Owned ~ Est. High Equity
Property ID
US31-1148306
Property summary
AI-generated overview

This exceptional 6,120 square foot retail property, situated on a 0.05-acre lot at 10 W Washington Street in Greencastle, Indiana, presents a unique investment opportunity. The building boasts a striking limestone facade and recently updated windows, enhancing its historic charm while maintaining modern functionality. Its prime location directly across from the county courthouse ensures high visibility and foot traffic. The main level, zoned Central Business, offers over 2,000 square feet of versatile space, perfect for a variety of retail uses. This level includes a convenient handicapped-accessible bathroom, a comfortable lounge area, a full bathroom, and a kitchenette, catering to both employees and customers. The spacious main level also features attractive high tin ceilings and modern neutral-toned vinyl plank flooring. Above the main level, an additional 2,000+ square feet offers significant potential for expansion. This upper level could be easily converted into residential units, additional office space, or further retail space, depending on the buyer's needs. A substantial, dry basement provides approximately 2,000 square feet of storage, accessible via a walk-out door to the alley. The property's proximity to downtown Greencastle's restaurants and shops adds to its appeal, offering easy access to amenities and a vibrant community atmosphere. This is a rare chance to acquire a landmark building in a thriving downtown area. Priced at $299,900.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1877
Construction WOOD
Total area 6,120 SF
Lot 0.05 ac (2,047 SF)
Zoning code ZO01
APN 67-09-21-202-122.000-008
UPID US31-1148306
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
  • Considered Cloth (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
115 Jackson LLC
115 Jackson LLC
since 2025
4 recorded transactions
2025
Price N/A
2021
Price N/A
2021
$269,900
2021
Price N/A
Zoning & alternative use
ZO01 · Greencastle, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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