1651 Us Highway 40Greencastle, IN 46135

For Sale
$3,000,000

Prime Retail Location, 4.89 Acres

Overview

Added:
Feb 3
Days on market:
37
This exceptional retail property, located at 1651 E US Highway 40 in Greencastle, Indiana, presents a unique investment opportunity. The 4.89-acre lot boasts a highly desirable corner location with exceptionally high traffic counts, ensuring maximum visibility and accessibility for any business. The property comprises two parcels totaling 4.89 acres: one 2.95 acres and the other 1.94 acres. Significant improvements include a substantial 60x42 pole barn constructed in 1987. This barn features a poured concrete floor, electricity, heat, and a large overhead service door, offering ample storage or workshop space. An older building, constructed in 1960, is also present on the site and offers potential for redevelopment or repurposing. The property benefits from convenient access, with entrances from both US Highway 40 (including a dedicated turning lane) and US 231. The existing building on the front left portion of the property may qualify for boundary grandfather provisions, offering flexibility for future development plans. This property is listed at $3,000,000 and represents a compelling opportunity for businesses seeking a high-visibility location with substantial land and existing structures. The combination of high traffic, ample space, and convenient access makes this an ideal location for a variety of retail ventures.

Property Details for 1651 Us Highway 40

Property type
Retail properties, Other retail properties
Year Built
1987
Lot Size (sq. ft)
213,008 SF

Location Insight

City
Greencastle
County
Putnam
State
Indiana
Latitude
39.58474
Longitude
-86.81961
1651 Us Highway 40, Greencastle, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1651 Us Highway 40
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message