305 E Washington St - Storefront Retail/Residential FOR SALE


Greencastle, IN 46135
$420,000 USD
305 E Washington St, Greencastle, IN for Sale
$420,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | Request Cap Rate

305 E Washington St
Greencastle, IN 46135


HIGHLIGHTS

  • salon features six available booths
  • 2 apartments for passive income
  • Potential Airbnb

OVERVIEW

Public Remarks 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. Private Remarks Currently operating as a hair & nail salon; most equipment and furnishings can convey with acceptable offer (turn-key opportunity). Two apartments 1bed/1bath (on its own electric meter) 2 bed/1bath (on its own gas and electric meter) - offer excellent income potential. If the buyer continues salon operations, seller is open to discussing booth-rental arrangements for her and other stylists. Mixed-use zoning; buyer to verify intended use with the city. Please allow 24-hour notice for showings to respect tenants and business operations. Preferred showing times are afternoons or early evenings. Questions: contact Cinder Fay at 765-720-8477. Offers: email cinder@nancysrealestateteam.com.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

305 E Washington St., Greencastle, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,726 SF

ZONING

-

APN/PARCEL ID

67-09-21-201-068.000-008

ASK ABOUT THIS PROPERTY

Nancy WarfieldFC TuckerMore Info

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Nancy WarfieldFC TuckerMore Info

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