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Retail Space with Two Entrances
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1114 Broad Street, New Castle, IN 47362

Flexible downtown commercial zoning with parking, signage space, and an additional connected upstairs unit.

Property Size3,600 SF
Days on Market41

Property Features for 1114 Broad Street

General Information

Standard status Active
Size 3,600 SF

Amenities

2 separate entrances
prominent signage space
Listing Agency: RE/MAX First Integrity
Listed By: Daniel Kinnaird
Source: Midwestrealestategroup
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 25 at 9:52AM

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 retail space at 1114 Broad Street provides over 3600 square feet on the main level, with two distinct entrances that support adaptable commercial layouts. The property includes parking and dedicated space for prominent signage. An additional connected upstairs unit is also available.

Positioned at the gateway to downtown New Castle, the property benefits from direct access to the downtown area and a retail-oriented setting. Zoning is identified as flexible downtown commercial, supporting a range of business applications. Exterior improvements underway include storefront glass doors at both entrances, tuck pointing, exterior painting, and replacement windows.

Key Highlights

  • Over 3600 main floor square feet
  • Two separate entrances for flexible commercial layouts
  • Flexible downtown commercial zoning

Property 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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible downtown commercial zoning with parking, signage space, and an additional connected upstairs unit.
Where is this retail space located?
The property is located at 1114 Broad Street New Castle, IN.
What are key features of this property?
This property features: Over 3600 main floor square feet; Two separate entrances for flexible commercial layouts; Flexible downtown commercial zoning
More about this property
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