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    Greencastle, IN
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    Greencastle, IN Retail Properties & Spaces for Sale

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    6 properties
    Three-Level Retail-Front Office Building
    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
    View details
    Greencastle Commercial Property with Showroom
    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.
    View details
    High-Visibility Retail Storefront
    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
    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
    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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    High-Traffic Corner Lot on Highway
    High-Traffic Corner Lot on Highway

    1651 E Us Highway 40, Greencastle, IN 46135

    $2,000,000
    4.89 AC lot

    4.89 acres with pole barn and highway access.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

    Waterfront Restaurant and Retail Space
    Waterfront Restaurant and Retail Space

    6105 S Mill Road, Rockville, IN 47872

    $85,000
    0.12 AC lot

    Waterfront-view restaurant and retail property with a large deck for outdoor seating or seasonal uses.

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    Waterfront Land with Deck
    Waterfront Land with Deck

    6105 S Mill Road, Rockville, IN 47872

    $85,000
    0.12 AC lot

    Land property with a historic chapel structure and a large deck, suited for redevelopment or outdoor-focused uses.

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    Downtown Retail-Flex Property
    Downtown Retail-Flex Property

    51 N Main St, Cloverdale, IN 46120

    $1,350,000

    Two-building retail-flex site on US 231 with dedicated warehouse and storage areas plus off-street parking.

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    Small Retail Building
    Small Retail Building

    12 S Main Street, Cloverdale, IN 46120

    Contact for pricing

    Small retail building located in the Cloverdale Historic District, suited for neighborhood retail concepts.

    View details

    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.

    Pole Barn Warehouse with Overhead Door
    Pole Barn Warehouse with Overhead Door

    1651 E Us Highway 40, Greencastle, IN 46135

    $2,000,000
    4.89 AC lot

    Corner-lot warehouse property with a 60x42 pole barn, poured concrete floor, electric/heat, and a large overhead service door.

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    Prime Land with Highway Frontage
    Prime Land with Highway Frontage

    1922 E National Avenue, Brazil, IN 47834

    $1,200,000
    2.31 AC lot

    2.31 acres of commercial land with high traffic exposure.

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    Zoned Highway Business Development Land
    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 Lot in Terre Haute
    Commercial Lot in Terre Haute

    2225 N 2nd Street, Terre Haute, IN 47804

    $500,000
    0.33 AC lot

    0.33 acre commercial lot, great development location.

    View details

    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.

    24 Indiana St
    RETAIL STORES (PERSONAL SERVICES)

    24 Indiana St, Greencastle, IN 46135-1583

    Value Estimation by Request
    13,770 sqft 0.11 AC lot
    View details
    100 Putnam Plz
    CAR WASH

    100 Putnam Plz, Greencastle, IN 46135

    Value Estimation by Request
    612 sqft 0.67 AC lot
    View details
    1016 Indianapolis Rd
    RESTAURANT

    1016 Indianapolis Rd, Greencastle, IN 46135-1456

    Value Estimation by Request
    2,095 sqft 0.84 AC lot
    View details
    302 Jackson St
    RETAIL STORES (PERSONAL SERVICES)

    302 Jackson St, Greencastle, IN 46135-1029

    Value Estimation by Request
    280 sqft 0.12 AC lot
    View details
    819 Jackson St
    RETAIL STORES (PERSONAL SERVICES)

    819 Jackson St, Greencastle, IN 46135-1908

    Value Estimation by Request
    8,984 sqft 1.11 AC lot
    View details
    19 Indiana St, Unit 25
    RETAIL STORES (PERSONAL SERVICES)

    19 Indiana St, Greencastle, IN 46135-1509

    Unit 25
    $570,000
    Estimated value
    6,377 sqft 0.09 AC lot
    View details
    1250 Jackson St
    PARKING GARAGE, PARKING STRUCTURE

    1250 Jackson St, Greencastle, IN 46135-8929

    Value Estimation by Request
    8,012 sqft 3.57 AC lot
    View details
    1223 Bloomington St
    RETAIL STORES (PERSONAL SERVICES)

    1223 Bloomington St, Greencastle, IN 46135

    $610,000
    Estimated value
    7,361 sqft 3.80 AC lot
    View details
    40 Putnam Plz
    RESTAURANT

    40 Putnam Plz, Greencastle, IN 46135-9418

    Value Estimation by Request
    3,102 sqft 0.77 AC lot
    View details
    82 Us Hwy 231
    RETAIL STORES (PERSONAL SERVICES)

    82 Us Hwy 231, Greencastle, IN 46135-9263

    Value Estimation by Request
    594 sqft 0.90 AC lot
    View details
    105 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    105 Washington St, Greencastle, IN 46135-1546

    Value Estimation by Request
    1,564 sqft 0.05 AC lot
    View details
    810 Indianapolis Rd
    SHOPPING CENTER, STRIP CENTER

    810 Indianapolis Rd, Greencastle, IN 46135-1452

    Value Estimation by Request
    17,450 sqft 2.11 AC lot
    View details
    1609 Us Hwy 40
    CONVENIENCE STORE

    1609 Us Hwy 40, Greencastle, IN 46135-8721

    Value Estimation by Request
    4,641 sqft 1.33 AC lot
    View details
    25 Vine St
    RETAIL STORES (PERSONAL SERVICES)

    25 Vine St, Greencastle, IN 46135-1523

    Value Estimation by Request
    1,984 sqft 0.13 AC lot
    View details
    509 Bloomington St
    RESTAURANT

    509 Bloomington St, Greencastle, IN 46135-2113

    Value Estimation by Request
    3,024 sqft 0.55 AC lot
    View details
    300-302 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    300-302 Washington St, Greencastle, IN 46135

    Value Estimation by Request
    2,141 sqft 0.30 AC lot
    View details
    1626 Us Hwy 231
    RETAIL STORES (PERSONAL SERVICES)

    1626 Us Hwy 231, Greencastle, IN 46135-8865

    Value Estimation by Request
    3,652 sqft 91.74 AC lot
    View details
    608 10th St
    RETAIL STORES (PERSONAL SERVICES)

    608 10th St, Greencastle, IN 46135-2102

    Value Estimation by Request
    4,695 sqft 0.40 AC lot
    View details

    Greencastle, IN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Greencastle, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 3,800 square feet of properties for sale, with an estimated market value of $444,900.

    Sale prices for stores in Greencastle, IN start at $149,900, averaging $222,450, and reaching up to $295,000 — 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

    Shopping centers 3
    Storefront properties 3
    Auto shops 1
    Automotive properties 1
    Showrooms 1

    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 $2M

    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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