Flex Space with
For Lease
$156,000
513 New York Ave, New Castle, IN 47362
Divisible commercial space supports office, medical, professional, and light industrial uses.
Space Size20,000 SF
Days on Market44
Property Features for 513 New York Ave
General Information
Standard status
Active
Size
20,000 SF
Space & Availability
Divisible
Yes
Space Use
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
19 ft
Warehouse Space
6,100 SF
Building Details
Year Built
1995
Listing Agency:
RE/MAX First Integrity
Listed By:
Susan Neal · License #RB14024543
(765) 524-5585
Source:
Callcriswell
Added: Aug 15
Changed: Sep 23
Last Checked: Sep 26 at 12:17PM
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 flexible-use property offers more than 20,000 SF that can be divided for different occupancy requirements. The layout includes open floor areas, 6,100 SF of warehouse space, and 19-foot warehouse ceilings. Four shared loading docks support warehouse operations, while build-to-suit work is available through the landlord.
The property is positioned just off SR 3 and is minutes from I-70. Zoning supports office, medical, light industrial, and professional uses. On-site parking is available for staff and clients, and the open configuration allows for multiple office, service, or operational layouts.
The property is positioned just off SR 3 and is minutes from I-70. Zoning supports office, medical, light industrial, and professional uses. On-site parking is available for staff and clients, and the open configuration allows for multiple office, service, or operational layouts.
Key Highlights
- More than 20,000 SF available with divisible configurations
- 6,100 SF warehouse area with 19‑foot ceilings
- Four shared loading docks
Property Analytics
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Current Use
Lease Details
19 ft
Clear height
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for New Castle, IN
$10 /SF/Yr
Avg Asking Price
$3.98–$13 /SF/Yr
Price Range
11,213 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- L.A. Liquid Catering- Mobile Bar — 1214 Broad St, New Castle, IN 47362
Frequently Asked Questions
What type of property is this?
Flex space - Divisible commercial space supports office, medical, professional, and light industrial uses.
Where is this flex space located?
The property is located at 513 New York Ave New Castle, IN.
What is the lease rate?
The lease rate is $156,000.
What are key features of this property?
This property features: More than 20,000 SF available with divisible configurations; 6,100 SF warehouse area with 19‑foot ceilings; Four shared loading docks
