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404 E Washington Street, Greencastle, IN 46135

Putnam County

Key Facts

1980Year Built
0.11Lot (acres)
1Stories

Description

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!

Property Information

Property Type

Commercial Sale

Sub-Type

Retail

Year Built

1980

Stories

1

Lot Size

0.11 acres

Zoning

General Business

Days on Market

373

MLS® Listing#

22042069

Property Features

Parking

Common

Utilities

Electricity ConnectedSewer ConnectedWater Connected

Schools

Elementary:
Martha J Ridpath Elementary School
Middle:
Greencastle Middle School
High:
Greencastle Senior High School

Financial Details

Parcel Number

670921201105000008

Directions

GPS Friendly

Affordability Calculator

$29,980

Estimated monthly payment

$798/mo

Principal $119,920 · Est. interest $167,299 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Greencastle, IN

$260,000
Median Listing Price
42
Median Days on Market
1,698
Median Sq Ft
$159
Median Price / Sq Ft
54
Active Listings
  • This home’s price is 42% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Greencastle, IN.

Location

Map showing the location of 404 E Washington Street, Greencastle, IN 46135

Points of Interest in Greencastle, IN

Showing the Greencastle area map.

Nearby Schools

  • First Christian Church

    Elementary · 0.2 mi away

  • Harrison Hall

    School · 0.3 mi away

  • Greencastle Middle School

    School · 0.4 mi away

  • Ridpath Primary School

    Elementary · 0.5 mi away

  • Tzouanakis Intermediate School

    Elementary · 0.5 mi away

  • Deer Meadow Primary School

    Elementary · 0.7 mi away

  • Greencastle High School

    Secondary · 0.9 mi away

  • Greencastle Tiger Cubs

    School · 0.9 mi away

  • Greencastle Middle School

    Secondary · 1.0 mi away

  • Peace Lutheran Church

    School · 1.4 mi away

  • Area 30 Career Center

    Secondary · 2.2 mi away

  • West Central Indiana Educational Service Center

    School · 2.2 mi away

  • Old National Trail Special Education

    School · 2.3 mi away

  • South Putnam Middle School

    Secondary · 4.8 mi away

  • Central Elementary School

    Elementary · 4.9 mi away

  • Fillmore Elementary School

    Elementary · 6.0 mi away

  • Bainbridge Elementary School

    Elementary · 8.3 mi away

  • Reelsville Elementary School

    Elementary · 8.6 mi away

  • North Putnam Community School

    School · 8.6 mi away

  • Cloverdale High School

    Secondary · 9.7 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Greencastle

Listing Courtesy: Prime Real Estate ERA Powered - ericwolferealestate@gmail.com

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Last Updated: 2025-06-02

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Data provided by MIBOR. MLS® Listing#22042069. © 2026EXIT Realty®. All rights reserved.