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1914 I Avenue, New Castle, IN, 47362
Restaurant/Bar Building with Kitchen

1914 I Avenue New Castle, IN 47362

For Lease
$3,900/Mo

COMMERCIAL - New Castle, IN

Property Size5,210 SF
Lot Size0.73 Acres
Days on Market64

Property Features for 1914 I Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning Commercial
Standard status Active
APN 331214340122000016
Lot size 0.73 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description First Industrial Add Lots 421-426 Consv
Listing Agency: Keller Williams Indy Metro NE
Listed By: Jaswinder Samra · License #RB14042693
Added: May 27 Changed: Jun 16 Last Checked: Jul 29 at 11:06PM
MLS# 22104297

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,210+/- SF commercial building was formerly operated as a restaurant/bar and is being offered in as-is condition. The property includes spacious dining and bar areas, along with a commercial kitchen setup featuring a hood system and walk-in coolers. Existing fixtures and equipment are in place, supporting an operator that can use the current turnkey restaurant configuration or adapt the space for other hospitality concepts.

The site sits on approximately 0.73 acres with ample parking and visibility. The property is located directly across from a large Crown Equipment Corporation warehouse facility, creating convenient, day-time business exposure for guests and customers traveling through the area.

For tenants or owner-users seeking a hospitality-ready layout, the existing restaurant and bar improvements can reduce buildout time compared to starting from a blank space. The flexible interior configuration can also support use as a banquet hall, event center, or related hospitality operation, subject to applicable approvals and ongoing lease or redevelopment requirements.

Key Highlights

  • Turnkey restaurant/bar layout ideal for immediate operation or conversion to banquet hall/event center.
  • Fully equipped commercial kitchen with hood system and walk‑in coolers.
  • High‑visibility location directly across from Crown Equipment Corporation warehouse.

Property Analytics

Property Profile Location Intelligence

Current Use

Conventional restaurants

Suggested Use

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Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant and bar space with commercial kitchen equipment, dining areas, and on-site parking on a Commercial-zoned site.
Where is this conventional restaurant located?
The property is located at 1914 I Avenue New Castle, IN.
What is the lease rate?
The lease rate is $3,900 /Mo.
What are key features of this property?
This property features: Turnkey restaurant/bar layout ideal for immediate operation or conversion to banquet hall/event center.; Fully equipped commercial kitchen with hood system and walk‑in coolers.; High‑visibility location directly across from Crown Equipment Corporation warehouse.
More about this property
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