25 W Franklin ST, Greencastle, IN 46135
25 W Franklin ST, Greencastle, IN 46135
25 W Franklin ST, Greencastle, IN 46135
25 W Franklin ST, Greencastle, IN 46135
25 W Franklin ST, Greencastle, IN 46135
25 W Franklin ST, Greencastle, IN 46135
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Fanisha Spencer

Fanisha Spencer

+1(317) 331-2573
Listed by Nicole Stanley • RE/MAX Cornerstone
$ 198,000
Est. payment | /mo

1,755 SqFt

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$ 198,000
Est. payment | /mo
Save Virtual Tour

1,755 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 1,755 sqft

Price per Sqft $112

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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Fanisha Spencer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 331-2573

fanisha@movebyfaithhomes.com

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25 W Franklin ST