Mixed-Use Building with
For Sale
$289,900
1416 Broad Street, New Castle, IN 47362
Commercially zoned property with office configuration, elevator service, and recent structural and roof updates.
Property Size30,240 SF
Price / SF$9.59
Days on Market1063
Property Features for 1416 Broad Street
General Information
Standard status
Active
Size
30,240 SF
Elevators
Yes
Property subtype
Commercial Sale / Mixed Use
Zoning
COMMERCIAL
Amenities
elevators
Building Details
Year Built
1900
Buildings
1
Listing Agency:
F.C. Tucker/Crossroads
(765) 521-9464
Listed By:
Michael McKown · License #RB16000338
(765) 521-9464
Source:
Compass
Added: Oct 2, 2023
Changed: Aug 29
Last Checked: Aug 29 at 2:13PM
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 F.C. Tucker/Crossroads
Investment Insights
Based on property information with market context.
This 1900 commercial building is configured for mixed-use repositioning, with approximately 27,000 square feet arranged for office occupancy. Elevator service supports the building’s multi-level layout, while recent work to the structure and roof has addressed key exterior components. The interior has been fully cleared, providing an open starting point for future planning.
The property is located at 1416 Broad Street in New Castle and sits directly across from 1400 Plaza, a community-oriented commercial hub. COMMERCIAL zoning supports its broad commercial classification. The building’s existing office arrangement and substantial interior volume provide a basis for continued office use or a reconfigured commercial layout, subject to applicable approvals.
The property is located at 1416 Broad Street in New Castle and sits directly across from 1400 Plaza, a community-oriented commercial hub. COMMERCIAL zoning supports its broad commercial classification. The building’s existing office arrangement and substantial interior volume provide a basis for continued office use or a reconfigured commercial layout, subject to applicable approvals.
Key Highlights
- Approximately 27,000 square feet currently arranged for office use
- Elevators serve the building’s multi‑level configuration
- Recent updates completed to the structure and roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property with office configuration, elevator service, and recent structural and roof updates.
Where is this mixed-use property located?
The property is located at 1416 Broad Street New Castle, IN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Approximately 27,000 square feet currently arranged for office use; Elevators serve the building’s multi‑level configuration; Recent updates completed to the structure and roof
