404 E Washington St - Freestanding FOR SALE


Greencastle, IN 46135
$169,900 USD
812-605-0475
404 E Washington St, Greencastle, IN for Sale
$169,900 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

Apr '26


404 E Washington St
Greencastle, IN 46135


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$169,900 USD

PRICE/SF

$582 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

ZO01

APN/PARCEL ID

67-09-21-201-105.000-008

ASK ABOUT THIS PROPERTY

Eric WolfePrime Real Estate ERA PoweredMore Info
812-605-0475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eric WolfePrime Real Estate ERA PoweredMore Info
812-605-0475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.