Search
Mixed-Use Building with Original Bar
New
For Sale
$675,000

1214 Broad St, New Castle, IN 47362

Historic commercial property with updated exterior elements, first-floor HVAC, attached parking, and unfinished upper-level space.

Property Size11,628 SF
Price / SF$58.05
Days on Market6

Property Features for 1214 Broad St

General Information

Standard status Active
Size 11,628 SF

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: RE/MAX First Integrity
Listed By: Krista Gibson · License #RB17001821
Source: Megandusing
Added: Aug 23 Changed: Aug 28 Last Checked: Aug 28 at 6:51AM

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.

Built in 1900, this 11,628-square-foot mixed-use property includes a main-level commercial area with an original bar, along with unfinished second- and third-floor space. The upper levels provide room for a future buildout, while the ground floor retains features suited to a hospitality, retail, or combined commercial concept.

Recent improvements include a new roof, a first-floor HVAC system, storefront windows, and exterior doors. An attached parking lot adds on-site functionality, and the property is located in downtown New Castle at 1214 Broad St.

Key Highlights

  • 11,628‑square‑foot mixed‑use property built in 1900
  • Original bar remains on the main level
  • New roof and first‑floor HVAC system

Property Analytics

Current Use

Storefront properties

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial property with updated exterior elements, first-floor HVAC, attached parking, and unfinished upper-level space.
Where is this mixed-use property located?
The property is located at 1214 Broad St New Castle, IN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 11,628‑square‑foot mixed‑use property built in 1900; Original bar remains on the main level; New roof and first‑floor HVAC system
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message