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    Bank Building with Drive-Thru
    Updated: Nov 11, 2022
    Bank Building with Drive-Thru

    118 E Michigan Street, New Carlisle, IN 46552

    $475,000
    0.28 AC lot
    Former bank building in downtown New Carlisle with a drive‑thru window that can host 2 customers
    Unfinished 2nd‑floor space with over 1,900 SF and super‑high ceilings for flexible use
    Main floor layout includes at least 5 different room/space options plus a front lobby with a large counter and pristine vault
    Basement included; interior flooring includes vinyl, carpet, and slate
    Central air cooling listed, with multi‑units configuration
    View details
    Bank Building with Drive-Thru
    Updated: Jun 16, 2025
    Bank Building with Drive-Thru

    118 E Michigan St, New Carlisle, IN 46552

    $475,000
    1,656 sqft
    Former bank building in Downtown New Carlisle with a drive‑thru window for up to 2 customers
    Main floor includes a front lobby with large countertop area, high decorative ceilings, and a pristine vault
    Main floor offers at least 5 room/space options that can be customized to fit your business
    Massive unfinished 2nd floor with over 1,900 sq ft and super high ceilings with wide open space
    2nd floor space could be used for options such as a studio apartment, fitness area, storage, or a second business
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in New Carlisle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Bank Facility in Cassopolis
    Former Bank Facility in Cassopolis

    116 S Broadway St, Cassopolis, MI 49031

    $350,000
    8,048 sqft 0.85 AC lot

    Two-building former bank facility with drive-thru on 0.85 acres.

    View details
    Downtown Bangor Office/Retail Opportunity
    Downtown Bangor Office/Retail Opportunity

    101 W Monroe Street, Bangor, MI 49013

    $199,000
    1,088 sqft 0.05 AC lot

    Former bank building with drive-thru access and pylon signage.

    View details
    Former Bank Drive-Thru Facility
    Former Bank Drive-Thru Facility

    116 S Broadway Street, Cassopolis, MI 49031

    $350,000
    8,048 sqft 0.85 AC lot

    Former bank property with two buildings, basement space, and a two-lane freestanding drive-thru.

    View details
    Former Bank Office-Retail Space
    Former Bank Office-Retail Space

    101 W Monroe Street, Bangor, MI 49013

    $199,000
    1,088 sqft

    Former bank includes a private office, kitchenette, and one bathroom with drive-thru access and front pylon signage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details
    Dev-Ready Commercial Corner Land
    Dev-Ready Commercial Corner Land

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Dev-ready corner parcel with city-approved engineered plans and frontage along Hwy 412, including multiple ingress and egress points.

    View details
    Commercial Land in Terrytown
    Commercial Land in Terrytown

    121 Holmes Boulevard, Terrytown, LA 70056

    $65,000

    Vacant commercial land ready for development in Terrytown, Louisiana.

    View details
    Corner Commercial Land with Triple Frontage
    Corner Commercial Land with Triple Frontage

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner commercial development site with 3 road frontages and completed environmental and wetland study reports.

    View details

    Off-Market Properties in New Carlisle, IN

    Consider similar Off-Market properties in New Carlisle, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    848 Michigan St
    FINANCIAL BUILDING

    848 Michigan St, New Carlisle, IN 46552-9689

    Value Estimation by Request
    2,340 sqft 0.72 AC lot
    View details

    New Carlisle, IN Banks Market Trends and Statistics

    Explore 3 banks for sale in New Carlisle, IN on our real estate platform. These investment opportunities span a total of 1,656 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for bank buildings in New Carlisle, IN average $475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Banks 2
    Storefront properties 1

    Demographics Overview

    Population 6,665
    Population Growth (5Y) -2.6%
    Median Household Income $79,464
    College Educated 39.7%

    High-Yield Neighborhoods for Investment

    Identify New Carlisle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46552 $475K

    Taxes & Financing

    Tax Rate (average for all types) 2.67%
    Property Tax per SF $53.75 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

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