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

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    Cloverdale, IN Bainbridge, IN Reelsville, IN
    Charming Commercial Property in Greencastle
    $219,900
    1,755 SF
    Charming Commercial Property in Greencastle

    25 W Franklin Street, Greencastle, IN 46135

    High-visibility commercial property blending classic character with modern updates.
    • High‑visibility commercial property located on the Putnam County courthouse square.
    • Three‑level space with a blend of classic architectural character and updated interior.
    • Street‑level storefront, flexible second‑floor office/studio space with downtown views, and basement meeting room/storage.
    • Close proximity to DePauw University, local boutiques, and restaurants.
    • Located in an area with community events like First Fridays.
    Updated: May 17
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    Mixed-Use Property with Shop
    $485,000
    4,330 SF
    Mixed-Use Property with Shop

    1220 N Jackson Street, Greencastle, IN 46135

    Commercial building, shop, and remodeled residential house on large lot.
    • Commercial building with reception area, 4 offices, full bath, kitchen, and conference room, adaptable to a 2‑3 bedroom living space.
    • Heated and cooled shop featuring heavy‑duty shelving, loft, storage, car lift, air compressor system, and 500lb hoist, with two 14' overhead doors.
    • Large lot suitable for semi, RV, and trailer parking.
    • Includes a completely remodeled (2019) 3‑bedroom, 2‑bath house with new furnace, AC, and plumbing.
    • House features an open concept living room with gas fireplace and eat‑in kitchen with Russian Oak island.
    Updated: Aug 27, 2024
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    High-Traffic Corner Lot on Highway
    $2,000,000
    4.89 Acres
    High-Traffic Corner Lot on Highway

    4.89 acres with pole barn and highway access.

    1651 E Us Highway 40, Greencastle, IN 46135

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    High-Traffic Corner Lot For Sale
    $2,000,000
    4.89 Acres
    High-Traffic Corner Lot For Sale

    4.89 acres with pole barn and highway access.

    1651 E Us Highway 40, Greencastle, IN 46135

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Turn-Key Bait Business Opportunity
    $799,999
    0.57 Acres
    Turn-Key Bait Business Opportunity

    Established wholesale bait business with loyal customer base and growth potential.

    500 S Alabama Street, Brazil, IN 47834

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    Historic Mixed-Use Bank Building
    $225,000
    0.04 Acres
    Historic Mixed-Use Bank Building

    Landmark building with rooftop patio and street-access basement studio, currently operating as a two-unit apartment.

    31 E Main Street, Gosport, IN 47433

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    Restaurant and Storage Units For Sale
    $495,000
    5,933 SF
    Restaurant and Storage Units For Sale

    Restaurant with tap room and storage units for sale.

    18 N Fourth St, Gosport, IN 47433

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    Turn Key Office or Retail
    $99,900
    768 SF
    Turn Key Office or Retail

    Turn key office or retail space available for sale.

    116 S Franklin St, Brazil, IN 47834

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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.

    High-Traffic Corner Lot in Greencastle
    $2,000,000
    4.89 Acres
    High-Traffic Corner Lot in Greencastle

    Corner lot with high traffic, ideal for any business.

    1651 E Us Highway 40, Greencastle, IN 46135

    View details
    Cloverdale Land with Development Potential
    $500,000
    19.26 Acres
    Cloverdale Land with Development Potential

    Investment property with development possibilities, road frontage, and convenient location.

    925 S County Rd 125 E, Cloverdale, IN 46120

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    9.34 Acres Commercial Development Site
    $3,400,000
    9.34 Acres
    9.34 Acres Commercial Development Site

    9.34 acres zoned Highway Business in a growing industrial hub.

    9377 SOUTH STATE ROAD 39, Mooresville, IN 46158

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    Commercial Land on Highway 40
    $900,000
    2.87 Acres
    Commercial Land on Highway 40

    2.87 acres of commercial land with highway frontage.

    3001 E Main Street, Plainfield, IN 46168

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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.

    24 Indiana St
    RETAIL STORES (PERSONAL SERVICES)
    13,770 SF Lot: 0.11 Acres
    Value Estimation by Request

    24 Indiana St, Greencastle, IN 46135-1583

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    100 Putnam Plz
    CAR WASH
    612 SF Lot: 0.67 Acres
    Value Estimation by Request

    100 Putnam Plz, Greencastle, IN 46135

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    1016 Indianapolis Rd
    RESTAURANT
    2,095 SF Lot: 0.84 Acres
    Value Estimation by Request

    1016 Indianapolis Rd, Greencastle, IN 46135-1456

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    302 Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    280 SF Lot: 0.12 Acres
    Value Estimation by Request

    302 Jackson St, Greencastle, IN 46135-1029

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    819 Jackson St
    RETAIL STORES (PERSONAL SERVICES)
    8,984 SF Lot: 1.11 Acres
    Value Estimation by Request

    819 Jackson St, Greencastle, IN 46135-1908

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    19 Indiana St, Unit 25
    RETAIL STORES (PERSONAL SERVICES)
    6,377 SF Lot: 0.09 Acres
    Estimated value
    $570,000
    Unit 25

    19 Indiana St, Greencastle, IN 46135-1509

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    1250 Jackson St
    PARKING GARAGE, PARKING STRUCTURE
    8,012 SF Lot: 3.57 Acres
    Value Estimation by Request

    1250 Jackson St, Greencastle, IN 46135-8929

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    1223 Bloomington St
    RETAIL STORES (PERSONAL SERVICES)
    7,361 SF Lot: 3.80 Acres
    Estimated value
    $610,000

    1223 Bloomington St, Greencastle, IN 46135

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    40 Putnam Plz
    RESTAURANT
    3,102 SF Lot: 0.77 Acres

    40 Putnam Plz, Greencastle, IN 46135-9418

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    82 Us Hwy 231
    RETAIL STORES (PERSONAL SERVICES)
    594 SF Lot: 0.90 Acres
    Value Estimation by Request

    82 Us Hwy 231, Greencastle, IN 46135-9263

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    105 Washington St
    RETAIL STORES (PERSONAL SERVICES)
    1,564 SF Lot: 0.05 Acres
    Value Estimation by Request

    105 Washington St, Greencastle, IN 46135-1546

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    810 Indianapolis Rd
    SHOPPING CENTER, STRIP CENTER
    17,450 SF Lot: 2.11 Acres
    Value Estimation by Request

    810 Indianapolis Rd, Greencastle, IN 46135-1452

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    1609 Us Hwy 40
    CONVENIENCE STORE
    4,641 SF Lot: 1.33 Acres
    Value Estimation by Request

    1609 Us Hwy 40, Greencastle, IN 46135-8721

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    25 Vine St
    RETAIL STORES (PERSONAL SERVICES)
    1,984 SF Lot: 0.13 Acres
    Value Estimation by Request

    25 Vine St, Greencastle, IN 46135-1523

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    509 Bloomington St
    RESTAURANT
    3,024 SF Lot: 0.55 Acres
    Value Estimation by Request

    509 Bloomington St, Greencastle, IN 46135-2113

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    300-302 Washington St
    RETAIL STORES (PERSONAL SERVICES)
    2,141 SF Lot: 0.30 Acres
    Value Estimation by Request

    300-302 Washington St, Greencastle, IN 46135

    View details
    1626 Us Hwy 231
    RETAIL STORES (PERSONAL SERVICES)
    3,652 SF Lot: 91.74 Acres
    Value Estimation by Request

    1626 Us Hwy 231, Greencastle, IN 46135-8865

    View details
    608 10th St
    RETAIL STORES (PERSONAL SERVICES)
    4,695 SF Lot: 0.40 Acres
    Value Estimation by Request

    608 10th St, Greencastle, IN 46135-2102

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    105 Warren Dr
    RETAIL STORES (PERSONAL SERVICES)
    6,000 SF Lot: 1.50 Acres
    Value Estimation by Request

    105 Warren Dr, Greencastle, IN 46135-7538

    View details
    102 Franklin St
    RESTAURANT
    5,066 SF Lot: 0.13 Acres
    Value Estimation by Request

    102 Franklin St, Greencastle, IN 46135-1220

    View details

    Greencastle, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in Greencastle, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,085 square feet of properties for sale, with an estimated market value of $704,900.

    Sale prices for stores in Greencastle, IN start at $219,900, averaging $352,450, and reaching up to $485,000 — 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

    Auto shops 2
    Automotive properties 2
    Shopping centers 2
    Storefront properties 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 median listing prices of real estate assets

    Neighborhood Average Price
    46135 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $47.45 per sq ft
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

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