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Two-Entrance Downtown Retail Space
For Sale
$54,600

1114 Broad Street, New Castle, IN 47362

Main-floor space offers separate access points, on-site parking, and prominent signage placement.

Property SizeContact for details
Days on Market10

Property Features for 1114 Broad Street

General Information

Standard status Active
Property subtype Commercial
Zoning flexible downtown commercial

Amenities

prominent signage space

Building Details

Year Built 1952
Listing Agency: RE/MAX First Integrity
Listed By: Daniel Kinnaird
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 2:46PM

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

Rey
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Investment Insights

Based on property information with market context.

This downtown retail space provides more than 3,600 square feet on the main floor and has two separate entrances. Exterior work is underway, including replacement storefront glass doors at both entrances, tuckpointing, exterior paint, and new windows. An upstairs unit connected to the property is also available.

The property sits at the entrance to New Castle’s downtown area. On-site parking, signage space, and convenient access are among its established features.

Key Highlights

  • More than 3,600 square feet of main‑floor space
  • Two separate entrances, with new storefront glass doors included in the exterior renovation
  • Exterior improvements underway: tuckpointing, paint, and new windows

Property Analytics

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Open 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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Main-floor space offers separate access points, on-site parking, and prominent signage placement.
Where is this retail space located?
The property is located at 1114 Broad Street New Castle, IN.
What is the asking price?
The asking price for this property is $54,600.
What are key features of this property?
This property features: More than 3,600 square feet of main‑floor space; Two separate entrances, with new storefront glass doors included in the exterior renovation; Exterior improvements underway: tuckpointing, paint, and new windows
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