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New Castle, IN

Grocery Store

New Castle, IN Grocery And Convenience Stores for Sale

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Spiceland, IN Straughn, IN Knightstown, IN Mooreland, IN Lewisville, IN Kennard, IN Hagerstown, IN Shirley, IN

Absolute NNN Convenience Store Property

Updated: Aug 28

Absolute NNN Convenience Store Property

1816 S Memorial Drive, New Castle, IN 47362

Contact for pricing

2,335 sqft 0.52 AC lot

2,335‑square‑foot convenience store built in 1999
New 15‑year absolute NNN lease with 14+ years remaining
10% rental escalation scheduled for 1/1/36
Approximately 0.52‑acre parcel with C zoning
Drive‑by access and visibility on Parkview Dr and S Memorial Dr

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 27 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 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.

NNN Family Dollar Property

NNN Family Dollar Property

1900 North Walnut Street, Muncie, IN 47303

Contact for pricing

48,304 sqft

Family Dollar occupies the property under a new five-year lease with extension options.

Fresh Thyme Grocery Store

Fresh Thyme Grocery Store

505 West McGalliard Road, Muncie, IN 47303

Contact for pricing

28,709 sqft

Natural and specialty grocer with multiple ingress and egress points on W McGalliard Road.

Wawa NNN Convenience Property

Wawa NNN Convenience Property

5980 W MEMORY LN, Greenfield, IN 46140

Contact for pricing

5,802 sqft

Newly built single-tenant convenience and fueling property under a long-term absolute NNN ground lease.

Wawa NNN Gas Station Property

Wawa NNN Gas Station Property

5957 W US Hwy 40, Greenfield, IN 46140

Contact for pricing

5,915 sqft

Newly built convenience and fuel facility subject to an absolute NNN ground lease.

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.

Interstate-Adjacent Commercial Land

Interstate-Adjacent Commercial Land

S State Road 109, Knightstown, IN 46148

$499,000

5.30 AC lot

Cleared development parcel near an interstate exit ramp, with commercial rezoning required and well and septic installation anticipated.

Commercial Corner Land

Commercial Corner Land

1742 Meridian Street, Anderson, IN 46016

$250,000

1.68 AC lot

Corner commercial land with I-1 and B-1 zoning, public sewer, and natural gas availability.

B-3 Commercial Land Assemblage

B-3 Commercial Land Assemblage

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four parcels offer separate acquisition options with natural gas availability and public sewer service.

Commercial Land with Highway Frontage

Commercial Land with Highway Frontage

787 Highland Rd Lot 2, Richmond, IN 47374

$1,374,500

10.00 AC lot

Visible commercial parcel near established retail, hospitality, healthcare, and educational services.

Off-Market Properties in New Castle, IN

Consider similar Off-Market properties in New Castle, 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.

1816 Memorial Dr

CONVENIENCE STORE

1816 Memorial Dr, New Castle, IN 47362-1216

$350,000

Estimated value

2,325 sqft 0.51 AC lot

107 Memorial Dr

GROCERY, SUPERMARKET

107 Memorial Dr, New Castle, IN 47362-4947

$505,000

Estimated value

15,600 sqft 1.68 AC lot

603 Broad St

CONVENIENCE STORE

603 Broad St, New Castle, IN 47362-4853

$255,000

Estimated value

2,460 sqft 0.32 AC lot

1801 Broad St

CONVENIENCE STORE

1801 Broad St, New Castle, IN 47362-3926

$290,000

Estimated value

2,925 sqft 0.20 AC lot

2037 State Rd 3rd 3

CONVENIENCE STORE

2037 State Rd 3rd 3, New Castle, IN 47362-5128

$310,000

Estimated value

7,900 sqft 0.78 AC lot

2500 Grand Ave

CONVENIENCE STORE

2500 Grand Ave, New Castle, IN 47362-5301

$265,000

Estimated value

2,652 sqft 0.43 AC lot

1709 Broad St

CONVENIENCE STORE

1709 Broad St, New Castle, IN 47362-4150

$285,000

Estimated value

2,400 sqft 0.50 AC lot

120 Memorial Dr

GROCERY, SUPERMARKET

120 Memorial Dr, New Castle, IN 47362-4988

$4,350,000

Estimated value

79,392 sqft 7.52 AC lot

1909 Memorial Dr

CONVENIENCE STORE

1909 Memorial Dr, New Castle, IN 47362-1219

$315,000

Estimated value

2,880 sqft 0.39 AC lot

2505 14th St

CONVENIENCE STORE

2505 14th St, New Castle, IN 47362-2110

$345,000

Estimated value

4,704 sqft 0.44 AC lot

3100 Memorial Dr

CONVENIENCE STORE

3100 Memorial Dr, New Castle, IN 47362-1120

$445,000

Estimated value

3,880 sqft 1.31 AC lot

2200 Memorial Dr

CONVENIENCE STORE

2200 Memorial Dr, New Castle, IN 47362-1224

$365,000

Estimated value

1,770 sqft 0.66 AC lot

214 18th St

CONVENIENCE STORE

214 18th St, New Castle, IN 47362-3907

$275,000

Estimated value

2,836 sqft 1.09 AC lot

310 Memorial Dr

CONVENIENCE STORE

310 Memorial Dr, New Castle, IN 47362-4949

$365,000

Estimated value

2,440 sqft 1.34 AC lot

2400 Main St

CONVENIENCE STORE

2400 Main St, New Castle, IN 47362-1919

$310,000

Estimated value

4,002 sqft 0.92 AC lot

1712 Broad St

GROCERY, SUPERMARKET

1712 Broad St, New Castle, IN 47362-4151

$320,000

Estimated value

8,840 sqft 0.46 AC lot

2306 Spg St

CONVENIENCE STORE

2306 Spg St, New Castle, IN 47362-3836

$240,000

Estimated value

1,173 sqft 0.23 AC lot

3201 14th St

CONVENIENCE STORE

3201 14th St, New Castle, IN 47362-1823

$245,000

Estimated value

1,645 sqft 0.71 AC lot

New Castle, IN Grocery And Convenience Stores Market Trends and Statistics

Explore 19 grocery and convenience stores for sale in New Castle, IN on our real estate platform. These investment opportunities span a total of 2,335 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 29K

Population Growth (5Y) -1.9%

Median Household Income $56,564

College Educated 20.0%

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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