Step into a rare opportunity to own a completely remodeled historic building in the heart of downtown Greencastle, just a short walk from DePauw University. Originally built in 1919, this beautifully restored property blends timeless character with modern upgrades and exceptional investment potential in one of the city's most desirable locations. The main level features a bright, open office/retail space with large storefront windows that provide excellent natural light and strong street visibility. Perfect for professional offices, boutique retail, or service businesses, the space also includes a half bath with full tile finishes. The entire building has been thoughtfully updated with new hardwood flooring throughout, new electrical, new plumbing, and a brand-new fire suppression system, delivering peace of mind and turnkey functionality. Upstairs is a stunning 2-bedroom, 2 full bath luxury Airbnb-style residence designed with comfort and style in mind. The open-concept living area features a modern electric LED fireplace, while the kitchen showcases granite countertops with dramatic waterfall edges, contemporary lighting, and high-end finishes throughout. The property is being sold fully furnished exactly as it sits, making it truly turnkey for investors or owner-operators ready to generate immediate income. Located in the Historic District of downtown Greencastle and within walking distance to DePauw University, the building benefits from constant foot traffic, nearby dining and shopping, and strong demand for short-term and visiting-professor accommodations. Historic charm. Modern luxury. Prime downtown location near DePauw. A rare turnkey opportunity with both commercial and residential income potential.
Own a piece of Greencastle history with lots of road visibility on W. Walnut St. just steps from downtown restaurants, shops and DePauw University's campus. The brick house, which was once three apartments needs renovation, but could be retail shops or offices with an apartment upstairs. The brick blacksmith's shop behind the house has a loading dock, large doors, a lean-to for additional storage, two-story loft, and steel reinforcements, which make this a great storage building for your hobbies or rental income. The price reflects the condition and need for significant renovations, but could be a tremendous opportunity to have an affordable commercial building in a growing college town.
You must see this incredible storage facility package investment opportunity! This portfolio of properties includes a newly renovated 32 unit commercial storage facility, a vacant commercially zoned city lot, and a 2 bedroom rental house right next door. The storage facility has been extensively updated in recent years with all new exterior siding, roof, HVAC, insulation, lighting, and all new individual storage units. This nearly 8000sf building also has approximately 1,000 square feet of unfinished additional space for potential expanded storage office space or anything you can come up with! The vacant commercial lot provides added flexibility for parking or future development. Lastly the 2 bedroom, 1 bath residential rental has a long term tenant taking great care of the unit and bringing in additional monthly rental income. The house sits on a large open lot with potential for expansion or other creative opportunities. Located just down the street from DePauw University, this unique package offers diversified revenue, incredible monthly cash flow and value add opportunities rarely found in one offering. See the attached executive summary with detailed information. Schedule your showing today!
Opportunity awaits with this versatile commercial property offering over 3,500 sq. ft. of office, showroom, and multipurpose space on a generous 1.12-acre lot in a highly visible area of Greencastle. With abundant possibilities for business, investment, or redevelopment, this property is ideal for a wide range of uses. A large asphalt parking lot provides ample parking for both employees and customers. The main level is handicapped accessible and features a welcoming lobby and reception area, a spacious showroom, and numerous smaller rooms perfectly suited for offices, patient rooms, or storage-allowing your business to configure the space to its exact needs. Previously utilized as a duplex, the building offers flexibility for mixed-use, multifamily conversion, or further commercial development, thanks to the layout and size of the lot. Whether you're expanding an existing business, launching a new venture, or considering redevelopment, the potential here is substantial. With immediate possession available, you can put your plans into action right away. Don't miss this exceptional opportunity in a prime Greencastle location-schedule your tour today.
Charming Victorian in the Heart of Greencastle - Turn-Key & Full of Character! Fall in love with this beautiful Victorian gem, ideally located just blocks from DePauw University, local dining, quaint shops, and the seasonal festivals and farmers market that make downtown Greencastle so special. Currently operating as a fully equipped hair and nail salon, this turn-key property offers endless possibilities - continue as a salon, enjoy rental income, Airbnb, or convert it back into a stunning private home. The salon features six available booths and a nail station, offering excellent income potential for stylists or a new owner looking to expand. Inside, you'll find intricate woodwork, beautiful natural light, and the inviting warmth of a bygone era. Relax on the spacious and inviting covered front porch, perfect for morning coffee or greeting guests. In addition to the main salon space, the property includes two vacant apartments - a newly remodeled 1 bed/1 bath unit in back and a Victorian-style 2 bed/1 bath apartment upstairs with charming period details. A large parking area behind the building provides ample parking for clients and tenants or could serve as space for future expansion of the already generous salon.
THIS PROPERTY SITS ON 2.07 ACRES ON INDIANAPOLIS RD. A VERY HIGH TRAFFIC COUNT. OFFICE IS 8341 SQFT WITH 25 0FFICE SUITES, 4 BATHS, LARGE CONFERENCE ROOM (22X12, KITCHEN (15X13, NICE LOBBY 41X15.
Great opportunity to own 20,000 square feet on 2.15 acre commercial property located on the main thoroughfare in Greencastle's business district complete with asphalt parking lot. Plenty of parking with lights.
Prime commercial opportunity on Hwy. 231 that is walkable to DePauw University & downtown. Unlock the potential of this high-visibility commercial property located directly on Hwy. 231 and just a short walk to the DePauw University campus and Greencastle's vibrant historic downtown. Whether you're launching a new venture or expanding an existing one, this location offers unbeatable exposure and foot traffic in one of the city's most desirable commercial corridors. The property features a 300 sq. ft. building-ideal for a variety of uses under General Business zoning. Think coffee kiosk, boutique retail, food truck hub, office space, or creative studio-the possibilities are wide open. Property could also be redeveloped. Ample on-site parking with three different curb cuts provides convenience and easy access for customers and clients, while the fully remediated lot (with old gas tanks professionally removed) ensures smooth sailing when it comes to environmental inspections and financing. With excellent traffic counts, walkability to key destinations, and a clean slate ready for your ideas, this is a rare opportunity to secure a strategic commercial footprint in a fast-growing area. New sidewalks and curbs with upgraded street lighting on the way. Bring your vision-this property is ready for business!
Your opportunity to own an amazing downtown property right in the heart of the historic business area and just a few blocks to DePauw University's campus. The print shop building has a new roof with the ground floor including the lobby, office, bathroom, and a massive open space with a drive-in overhead door. The walk-out basement includes large storage rooms with an overhead door, a dark room, office space and a bathroom. This building could house a restaurant, retail or office space and has plenty of private parking in the large lot next door, which is also suitable for redevelopment and a great downtown build site. The flooring is three-inch concrete and has steel beam supports for heavy loads. Plenty of parking options just a block off of the Courthouse Square, within a block or two of many restaurants and shops, and short walk to the DePauw University campus. With some site clean-up and your redevelopment ideas, this property is a tremendous opportunity to make your mark and own a piece of Greencastle history. The printing presses and some personal property are included in the sale.
Well established business, newly renovated with new flooring, new tables and chairs, new bar stools, new walk in cooler, new commercial kitchen, new commercial tankless hot water heater. Beautiful curb appeal with handicap access and rail. Huge building with two separate dining areas, one a bar the other family restaurant. There is also additional space upstairs that is used for storage but could be set up for office space. There is a huge parking lot and street parking as well for plenty of parking.
Commercial building & Residential house wrapped into 1 property! Commercial building hosts a reception area, 4 private offices, full bath, kitchen & large conference room with table & chairs to remain. Commericial building could easily be a 2 or 3 bedroom, 1 full bath living quarters with a beautiful kitchen and dining area. Heated & cooled shop area with heavy duty shelving, loft area, storage areas, car lift, air compressor system, 500lb hoist included, 2 14' overhead doors, semi, RV & trailer friendly with large lot. This is one of the nicest shops in town and you're guaranteed to be impressed! Also includes a 3 bedroom 2 full bath home that was completely remodeled in 2019 with New furnace, AC, plumbing, etc. Nice laundry room, open concept living room with gas fireplace, eat in kitchen, large Russian Oak island & appliances to remain. For a more detailed description of the house please see MLS #21998382. Too much to list, this is truly a must see to believe!
Corner lot with very high traffic count. Great location for any business. There two parcels one is 2.95A, the other is 1.94 acres total of 4.89 acres. There is a 60x42 pole barn with poured concrete floor and electric/heat and a huge over head service door built in 1987 and an older building built in 1960. Entrance with a turning lane on US Highway 40 and an entrance off of US 231. Front building left for possible boundary grandfather provisions.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Greencastle is located in Indiana. Greencastle, Indiana has a population of 9,980. Greencastle is less family-centric than the surrounding county with 26.09% of the households containing married families with children. The county average for households married with children is 28.71%.
The median household income in Greencastle, Indiana is $47,091. The median household income for the surrounding county is $64,993 compared to the national median of $69,021. The median age of people living in Greencastle is 25.4 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 44.7 inches per year, with 19.7 inches of snow per year.
