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Listed by Nicole Stanley • RE/MAX Cornerstone
$200,000
Est. payment /mo
1,755 SqFt
Active
25 W Franklin ST Greencastle, IN 46135
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,755 sqft
Price per Sqft $113
MLS Listing ID 22102754
Year Built 1900
Tax Year 2025
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Office
Property Description
1,755 SF mixed-use building on the Putnam County Courthouse Square - one of Greencastle's highest-visibility corners, steps from DePauw University. Zoned for retail, office, with the possibility of residential use (verify with buyer's specific plans). This three-level property offers flexibility for an owner-occupant, investor, or a combination of both. The ground floor delivers a bright, move-in-ready storefront with heavy daytime foot traffic. The second floor is a flexible loft/office space with abundant natural light and downtown views - ideal for a studio, professional office, or potential residential conversion. The partially finished basement adds a meeting room and additional storage, expanding usable square footage. Recent updates include newer heating and air conditioning on both the first and second floors and a brand new on demand water heater in the bathroom. The building retains its 1920 character - exposed brick, tall windows, original moldings- while offering modern systems and move-in-ready condition, reducing near-term capital expenditure for a new owner. Located directly on the courthouse square, the property benefits from consistent local traffic, proximity to established retailers (Kroger, Old National Bank, PNC Bank nearby), and Greencastle's recurring First Fridays events, which regularly bring foot traffic downtown. On-site street parking plus a nearby public lot support both retail customers and staff/tenants.
Location
State IN
County Putnam
Zoning CB
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N true
View Downtown
Roof Type Rubber
Building
Story 3
New Construction false
Schools
Middle Schools Greencastle Middle School
High Schools Greencastle Senior High School
School District Greencastle Community School Corp
Others
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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