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Downtown Retail Space with Two Entrances
For Lease
$4,550/Mo

1114 Broad St, New Castle, IN 47362

Flexible downtown commercial zoning supports retail, restaurant, office, and other business uses.

Space SizeContact for details
Days on Market40

Property Features for 1114 Broad St

General Information

Standard status Active
Zoning flexible downtown commercial

Space & Availability

Floor Ground
Space Use Retail

Amenities

parking
prominent signage space
easy access

Building Details

Year Built 1952
Listing Agency: RE/MAX First Integrity
Listed By: Daniel Kinnaird
Source: Callcriswell
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 3:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX First Integrity

Investment Insights

Based on property information with market context.

This New Castle retail space offers 3,645 square feet on the main floor, with two separate entrances that support flexible commercial layouts. The property includes parking and space for prominent signage, while additional area is available in the connected upstairs unit.

Located at 1114 Broad St near the downtown area, the building is undergoing exterior improvements through a grant renovation. Planned work includes new storefront glass doors at both entrances, tuck pointing, exterior painting, and replacement windows. Flexible downtown commercial zoning supports retail, restaurant, office, and other business uses. The building was constructed in 1952.

Key Highlights

  • 3,645‑square‑foot main‑floor retail space
  • Two separate entrances for flexible commercial layouts
  • Additional space available in the connected upstairs unit

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Restaurant Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 39% Dining 13% Apparel 4%
Kroger Groceries
37,233 visits/mo 0.5 miles
Speedway Shops & Services
14,920 visits/mo 0.5 miles
Los Amigos Dining
12,470 visits/mo 0.5 miles
Dollar General Shops & Services
6,764 visits/mo 0.2 miles
ARCO Shops & Services
5,443 visits/mo 0.5 miles

Demographics for 47362, IN

30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible downtown commercial zoning supports retail, restaurant, office, and other business uses.
Where is this retail space located?
The property is located at 1114 Broad St New Castle, IN.
What is the lease rate?
The lease rate is $4,550/Mo.
What are key features of this property?
This property features: 3,645‑square‑foot main‑floor retail space; Two separate entrances for flexible commercial layouts; Additional space available in the connected upstairs unit
More about this property
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