New Castle, IN Commercial Real Estate for Sale

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Industrial Manufacturing Facility
Updated: Jul 22
Industrial Manufacturing Facility

2600 Troy Avenue, New Castle, IN 47362

$1,200,000
25.59 AC lot
78,000+/- SF industrial/manufacturing facility on 20+ acres in the Henry County Industrial Park (New Castle)
2,000+/- SF office space plus large manufacturing/warehouse area
16‑foot clear ceiling height and four loading docks
Central air cooling; concrete flooring
Metal roof and chain link fencing
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Commercial Development Land with Rail Access
Updated: May 11
Commercial Development Land with Rail Access

N State Road 3, New Castle, IN 47362

$899,900
44.35 AC lot
44+/- acre property with extensive frontage along State Road 3
Convenient rail access for logistics or industrial use
High‑pressure gas lines on site
Nearby substation provides power for commercial or industrial operations
Year built listed as 1900
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Commercial Development Land with Rail Access
Commercial Development Land with Rail Access

N State Road 3, New Castle, IN 47362

$899,900
44.35 AC lot

Large parcel with frontage along State Road 3 and convenient rail access, with gas lines and nearby substation power.

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Two-Story Historic Office Building
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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Mechanic Shop with Office
Mechanic Shop with Office

2710 Broad Street, New Castle, IN 47362

$74,900
0.19 AC lot

Mechanic shop with front office, bathroom, and workshop equipment plus ample outdoor parking for flexible automotive uses.

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Historic Multi-Use Office and Gym
Historic Multi-Use Office and Gym

1201 Church Street, New Castle, IN 47362

$399,900
0.56 AC lot

Two adjoined buildings include office space, an indoor pool, and a large gymnasium with stadium seating.

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Farmland Parcel with Pond
Farmland Parcel with Pond

S St Rd 103, New Castle, IN 47362

$529,900
31.03 AC lot

31.03-acre parcel with 27 acres tillable and a 2-acre pond, located near town and main thoroughfares.

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Mechanic Shop with Office Space
Mechanic Shop with Office Space

2710 Broad Street, New Castle, IN 47362

$74,900
8,102 sqft

Mechanic shop with office, bathroom, and parking. Endless possibilities.

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Historic Office Building with Elevator
Historic Office Building with Elevator

1416 Broad Street, New Castle, IN 47362

$199,900
1.10 AC lot

Office portion totals about 27,000 square feet within a 40,000+ square-foot landmark building.

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Corner Lot for Retail or Service
Corner Lot for Retail or Service

400 S 14th Street, New Castle, IN 47362

$129,900
0.23 AC lot

Build-to-suit corner lot on a busy downtown street, suited for retail or service use.

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Prime Commercial Development Opportunity
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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Historic Multi-Use Gym and Office
Historic Multi-Use Gym and Office

1201 Church St, New Castle, IN 47362

$399,900
45,752 sqft

Two adjoined buildings offer office and recreation space, including an indoor pool and a stadium-seating gymnasium.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

4200 South Memorial Drive, New Castle, IN 47362

$641,500
109,336 sqft 2.50 AC lot

Commercial lot with approx. 400 feet of road frontage and available utilities including water, sewer, gas, and electric.

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Pasture and Mini-Farm Land
Pasture and Mini-Farm Land

17 South County Road 100 East, New Castle, IN 47362

$237,350
17.50 AC lot

17.5-acre fenced pasture with field tile and recently updated fencing and gates, suited for residential and agricultural builds.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

5 N Memorial Dr, New Castle, IN 47362

Contact for pricing

Commercial land with C-1 zoning and city utilities, positioned on SR 3 frontage in a high-traffic area.

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Warehouse-Style Retail Flex Space
Warehouse-Style Retail Flex Space

490 Indiana Avenue, New Castle, IN 47362

$320,000
3,750 sqft

Front retail area with warehouse-style rooms in back, plus two upstairs attic storage rooms and usable outdoor space.

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Spiceland/New Castle Commercial Opportunity
Spiceland/New Castle Commercial Opportunity

S County Rd 125 W, New Castle, IN 47385

Contact for pricing

Strategically located property with General Business and Highway Business zoning.

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Commercial Land on Memorial Drive
Commercial Land on Memorial Drive

N Memorial Dr, New Castle, IN 47362

$250,000
1.20 AC lot

1.20 acre commercial development land with high visibility.

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Land Parcels Near I-70
Land Parcels Near I-70

5223 IN-3, New Castle, IN

Contact for pricing
6.67 AC lot

Three land parcels totaling 10.6 AC near I-70.

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Land Parcels Near I-70
Land Parcels Near I-70

5223 IN-3, New Castle, IN

Contact for pricing
10.60 AC lot

Three land parcels totaling 10.6 AC near I-70.

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Commercial Development Lots in New Castle
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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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in New Castle, IN, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

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.

1914 I Ave
RESTAURANT

1914 I Ave, New Castle, IN 47362-2558

Value Estimation by Request
5,210 sqft 0.73 AC lot
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2291 Brown Rd
COMMERCIAL (GENERAL)

2291 Brown Rd, New Castle, IN 47362-9572

Value Estimation by Request
6,320 sqft 6.00 AC lot
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1816 Memorial Dr
CONVENIENCE STORE

1816 Memorial Dr, New Castle, IN 47362-1216

Value Estimation by Request
2,325 sqft 0.51 AC lot
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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 21 active listings on our real estate platform. These investment opportunities span a total of 166,940 square feet of properties for sale, with an estimated market value of $1,436,300.

Sale prices for business properties in New Castle, IN start at $74,900, averaging $359,075, and reaching up to $641,500 — 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 $165.5K

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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