Building Details

Year Built 1900

Listing Agency: F.C. Tucker/Crossroads

Listed By: Michael McKown · License #RB16000338 Show Phone

Source: Eveloteam

Added: Sep 21 Last Checked: Sep 22 at 6:22PM

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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 storefront retail property includes approximately 3,800+/- square feet on the main floor, with additional space above. The primary level has an open, adaptable layout and two large display windows. Central air conditioning and high-efficiency boiler heat are in place. The building dates to 1900 and has supported prior retail and office uses, including a shoe store and an office supply business.

Located at 1332 Broad St in New Castle, the property fronts State Road 38, also identified as Broad Street, in the downtown area. The upper level provides room for remodeling and expansion, with potential applications described for offices, additional commercial space, or residential use. The address and storefront configuration support a visible presence along the downtown commercial corridor.

Key Highlights

• Approximately 3,800+/- square feet of main‑floor commercial space
• Additional upstairs area for remodeling, expansion, office, commercial, or residential applications
• Two large storefront display windows

Property Analytics

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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

527

Businesses Nearby

37k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 88% Dining 12%

Speedway Shops & Services

14,920 visits/mo 0.3 miles

Dollar General Shops & Services

6,764 visits/mo 0.4 miles

ARCO Shops & Services

5,443 visits/mo 0.3 miles

Marathon Shops & Services

5,233 visits/mo 0.2 miles

Little Caesars Pizza Dining

4,266 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

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Storefront property - Main-floor space offers an open layout with display windows, central air conditioning, and high-efficiency boiler heat.

Where is this storefront property located?

The property is located at 1332 Broad St New Castle, IN.

What is the asking price?

The asking price for this property is $224,900.

What are key features of this property?

This property features: Approximately 3,800+/- square feet of main‑floor commercial space; Additional upstairs area for remodeling, expansion, office, commercial, or residential applications; Two large storefront display windows