301 Greencastle, IN $ 495,000
301
$ 495,000
Recently Listed
Share Save

301

Greencastle, IN, 46135
$ 495,000
Bedrooms-- Baths-- Sq 7,974

Monthly Estimate*

$ 3,048

301, Greencastle, IN 46135 - Image 1
301, Greencastle, IN 46135 - Image 2
301, Greencastle, IN 46135 - Image 3
301, Greencastle, IN 46135 - Image 4
301, Greencastle, IN 46135 - Image 5
301, Greencastle, IN 46135 - Image 6
301, Greencastle, IN 46135 - Image 7
301, Greencastle, IN 46135 - Image 8
301, Greencastle, IN 46135 - Image 9
301, Greencastle, IN 46135 - Image 10
301, Greencastle, IN 46135 - Image 11
301, Greencastle, IN 46135 - Image 12
301, Greencastle, IN 46135 - Image 13
301, Greencastle, IN 46135 - Image 14
301, Greencastle, IN 46135 - Image 15
301, Greencastle, IN 46135 - Image 16
301, Greencastle, IN 46135 - Image 17
301, Greencastle, IN 46135 - Image 18
301, Greencastle, IN 46135 - Image 19
301, Greencastle, IN 46135 - Image 20
301, Greencastle, IN 46135 - Image 21
301, Greencastle, IN 46135 - Image 22
301, Greencastle, IN 46135 - Image 23
301, Greencastle, IN 46135 - Image 24
301, Greencastle, IN 46135 - Image 25
301, Greencastle, IN 46135 - Image 26
301, Greencastle, IN 46135 - Image 27
301, Greencastle, IN 46135 - Image 28
301, Greencastle, IN 46135 - Image 29
301, Greencastle, IN 46135 - Image 30
301, Greencastle, IN 46135 - Image 31
301, Greencastle, IN 46135 - Image 32
301, Greencastle, IN 46135 - Image 33
301, Greencastle, IN 46135 - Image 34
301, Greencastle, IN 46135 - Image 35
301, Greencastle, IN 46135 - Image 36
301, Greencastle, IN 46135 - Image 37
301, Greencastle, IN 46135 - Image 38
301, Greencastle, IN 46135 - Image 39
301, Greencastle, IN 46135 - Image 40
301, Greencastle, IN 46135 - Image 41
301, Greencastle, IN 46135 - Image 42
301, Greencastle, IN 46135 - Image 43
301, Greencastle, IN 46135 - Image 44
301, Greencastle, IN 46135 - Image 45
301, Greencastle, IN 46135 - Image 46
301, Greencastle, IN 46135 - Image 47
301, Greencastle, IN 46135 - Image 48

Commercial Property for sale in Greencastle, IN

for $495,000. This 7,974 square foot building was built in 1900 on a lot size of 0.56.

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. All offers to be responded to 1/23/2026. Schedule your showing today!

See more

Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 5,390

Style

Industrial

Lot Size

0.56

Year Built

1900

Town/City

Greencastle

County/Region

Putnam

MLS | Web ID

22080224

Features
General
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected
Possession Closing Subject to Tenant Rights
Roof Flat
Zoning GB-1
Year Built 1900
Electric 200+ Amp Service
Stories Count 1
Township Greencastle
Property Subtype Industrial
Tax Year 2025
Current Use Comm Mul Ten
Additional Parcels Description School Comm Pt Lot 5 School Comm Plat Pt Lot 5 (.201A) Pt Vacated Alley 5'X43'(.005A) Pt Lot 5 10'X107'(.025A) Pt Lot 5 6'X150'(.021 Comm Survey Pt Lot 5
County Putnam
Net Operating Income 51396
Insurance Expense 2000
New Construction N
Property Type Commercial Sale
Possible Use Comm Mul Ten
Status Active
Directions GPS Friendly
City Greencastle
High School District Greencastle Community School Corp
MLS Area 6714 - Putnam - Greencastle
Lot Size Square Feet 24393.6
Current Financing Conventional
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 67-09-16-303-091.000-008
Cap Rate 10
Legal Description School Comm Pt Lot 5 School Comm Plat Pt Lot 5 (.201A) Pt Vacated Alley 5'X43'(.005A) Pt Lot 5 10'X107'(.025A) Pt Lot 5 6'X150'(.021 Comm Survey Pt Lot 5
See more
Exterior
Parking Features Common
Building Area Total 7974
Lot Size Acres 0.56
Road Surface Type Asphalt
Road Frontage Type City Street
See more
* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

jordan@moodycompany.com

Email

Affordability Calculator

$3,497
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4045022 Elementary School
4045026 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/17/2026$495,000 Listed Price

Map


See all

301, Greencastle, IN, 46135 is a Commercial Property for sale at $495,000 with 7,974 sqft and a lot size of 0.56. 301 was built in 1900. The property's zip code is 46135 which is in Greencastle, IN