New Castle, IN Commercial Real Estate for Sale

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Mount Summit, IN Spiceland, IN Knightstown, IN Straughn, IN Lewisville, IN Kennard, IN Mooreland, IN Hagerstown, IN

32 properties

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Updated: Sep 10

Showroom Building with Storage

2612 Broad Street, New Castle, IN 47362

$129,900

0.30 AC lot

5,011‑square‑foot showroom building on 0.3 acres
Expansive showroom area with multiple layout possibilities
Rear storage room equipped with an overhead door
Two additional storage rooms and a bathroom
Newer shingle roof, paint, and furnace

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Updated: Jul 22

Manufacturing Facility with Loading Docks

2600 Troy Avenue, New Castle, IN 47362

$1,200,000

25.59 AC lot

Approximately 78,000+/- square feet of industrial facility space
Approximately 2,000+/- square feet of office space
16‑foot clear ceiling heights
Four loading docks for shipping and receiving
Constructed in 1978 with a metal roof and concrete flooring

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Commercial Land with Rail Access

N State Road 3, New Castle, IN 47362

$899,900

44.35 AC lot

Commercial parcel with State Road 3 frontage, rail access, and nearby utility infrastructure.

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Mixed-Use Building with Original Bar

1214 Broad St, New Castle, IN 47362

$675,000

11,628 sqft

Historic commercial property with updated exterior elements, first-floor HVAC, attached parking, and unfinished upper-level space.

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Commercial Land with Rail Access

N State Road 3, New Castle, IN 47362

$899,900

44.35 AC lot

Commercial parcel with State Road 3 frontage, rail access, and nearby power infrastructure.

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Agricultural Land with Barn

E State Road 38, New Castle, IN 47362

$449,900

40.32 AC lot

Crop-planted agricultural land includes an existing barn and access from two roads.

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Medical Office Suite with Private Rooms

1518 Washington Street, New Castle, IN 47362

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1.32 AC lot

Flexible suite layout includes reception, workroom, private offices, storage, and separate public and private restrooms.

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Retail Storefront with Garage

New Castle, IN 47362

$199,900

1,925 sqft 0.61 AC lot

Flexible commercial space with on-site parking and a detached accessory structure.

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Fitness Center with Gymnasium

1201 Church Street, New Castle, IN 47362

$399,900

0.56 AC lot

Two adjoining buildings offer recreation areas, office space, an indoor pool, and a full-size gymnasium.

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Land Tract with Pond

S St Rd 103, New Castle, IN 47362

$529,900

31.03 AC lot

A 31-acre tract near New Castle with tillable acreage and an on-site pond.

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Manufacturing Facility with Loading Docks

2600 Troy Ave, New Castle, IN 47362

$1,200,000

78,000 sqft

Industrial park facility configured for manufacturing, warehousing, distribution, fabrication, and related industrial operations.

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Corner Commercial Land

400 S 14th Street, New Castle, IN 47362

$129,900

0.23 AC lot

Proposed commercial parcel with off-street parking and build-to-suit construction available.

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Historic Two-Story Mixed-Use Property

321 South Main Street, New Castle, IN 47362

$675,000

4,138 sqft

Office-zoned property with dedicated parking and substantial architectural character in a central town setting.

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Two-Story Historic Office Building

321 South Main Street, New Castle, IN 47362

$825,000

0.75 AC lot

Two-story historic office building built in 1847 with rebuilt chimneys, refreshed interior, and a dedicated parking lot.

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Flex Space with Showroom

2113 S Memorial Drive, New Castle, IN 47362

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3,764 sqft

Multi-level commercial layout includes showroom, private office, storage, and upper-floor operational space.

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Absolute NNN Convenience Store Property

1816 S Memorial Drive, New Castle, IN 47362

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2,335 sqft 0.52 AC lot

Operating convenience retail asset with an absolute NNN lease and long remaining term.

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Office Unit with Reception Area

1811 Bundy Avenue, New Castle, IN 47362

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550 sqft

Professional workspace includes dedicated office, reception, and bathroom areas.

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Retail Space with Two Entrances

1114 Broad Street, New Castle, IN 47362

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3,600 sqft

Flexible downtown commercial zoning with parking, signage space, and an additional connected upstairs unit.

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Commercial Development Lots in New Castle

000 Wittenbraker Avenue, New Castle, IN 47362

$125,000

1.00 AC lot

Commercial development lots with high visibility in established commercial corridor.

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Prime Commercial Development Opportunity

0001 Emerson Ave, New Castle, IN 47362

$263,000

4.00 AC lot

4-acre corner parcel in growing mixed-use corridor.

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Land

1185 N Mill St, New Castle, IN 47362

$164,900

467,399 sqft

Agricultural land / Farmland · 467,399 SF

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Industrial Land with Barn

2912 OUTER DR, New Castle, IN 47362

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1,119 sqft

A sizeable tract with industrial zoning, an existing barn structure, and prior three-phase electrical service.

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Flex Space with Warehouse

527 New York Avenue, New Castle, IN 47362

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Adaptable commercial space supports office, medical, professional services, and light industrial operations with build-to-suit flexibility.

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Downtown Commercial Corner Lot

400 S 14th Street, New Castle, IN 47362

$129,900

Proposed parcel offers build-to-suit flexibility for retail or service use.

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New Castle, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in New Castle, IN, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 620,210 square feet of properties for sale, with an estimated market value of $9,664,900.

Sale prices for business properties in New Castle, IN start at $125,000, averaging $508,678, and reaching up to $1,200,000 — 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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Demographics Overview

Population 29K

Population Growth (5Y) -1.9%

Median Household Income $56,564

College Educated 20.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47362	$502.8K

Taxes & Financing

Tax Rate (average for all types) 2.25%

Property Tax per SF $49.50 per SF

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

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