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Fitness Center with Gymnasium
For Sale
$399,900
Pending

1201 Church Street, New Castle, IN 47362

COMMERCIAL, New Castle, IN

Property Size45,752 SF
Lot Size0.56 Acres
Days on Market685

Property Features for 1201 Church Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Lot features City
Directions From 3/38, east on 38 to 12th St. South to Church St. East to property.
Subdivision Henry County
Standard status Pending
APN 33-12-15-210-175.000-016
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIG PLAT LOTS 5 & 6 & W 27.5' LOT 7 BLK 16
Tax Annual Amount 12
Legal Description ORIG PLAT LOTS 5 & 6 & W 27.5' LOT 7 BLK 16

Utilities

Cooling system Multi Units, Central Air

Amenities

gym
multiple recreation rooms
indoor pool
stadium seating
stage

Building Details

Year built 1900
Flooring type Concrete, Mixed, Carpet, Tile
Roof type Rubber, Flat
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Cara Huffman · License #RB14039883
Added: Oct 14, 2024 Changed: Aug 26 Last Checked: Aug 29 at 7:06PM
MLS# 202439888

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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 fitness and recreation property comprises two adjoining buildings at 1201 Church Street. The primary structure contains 34,232 square feet across four floors, with offices, a gym, multiple recreation rooms, an indoor pool, elevator, and full basement. Updates to the first and second floors include electrical systems, HVAC, flooring, paint, and windows. The upper floors retain a dormitory-style layout and condition from their former use.

The adjoining 11,520-square-foot building contains a gymnasium with stadium seating and a stage, along with basement locker rooms. The gymnasium does not have air conditioning. The buildings occupy 0.56 acres and date to 1900, with concrete, mixed, carpet, and tile flooring and flat rubber roofs. Substantial additional updating will be needed based on the intended use.

Key Highlights

  • 34,232‑square‑foot, four‑floor primary building
  • 11,520‑square‑foot adjoining gymnasium building
  • Indoor pool, elevator, offices, recreation rooms, and full basement

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Daycare Center Garden Center (Bike/Boat/Book/etc) Store Dental Office

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

606
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Home Of Trojan Gymnastics 221 N Memorial Dr, New Castle, IN 47362
  • Small Wonders Gymnastics 221 N Memorial Dr, New Castle, IN 47362
  • Spartan Fitness 221 N Memorial Dr, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Two adjoining buildings offer recreation areas, office space, an indoor pool, and a full-size gymnasium.
Where is this fitness center & gym located?
The property is located at 1201 Church Street New Castle, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 34,232‑square‑foot, four‑floor primary building; 11,520‑square‑foot adjoining gymnasium building; Indoor pool, elevator, offices, recreation rooms, and full basement
More about this property
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