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Storefront Property with Upstairs Space
New
For Sale
$224,900

1332 Broad Street, New Castle, IN 47362

COMMERCIAL, New Castle, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 1332 Broad Street

General Information

Property type Commercial Sale
Property subtype Retail
Rooms Basement
Lot features City, Historic District
Directions GPS Friendly
Subdivision Henry County
Standard status Active
APN 33-12-10-440-232.000-016
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ORIG PLAT PT LOTS 7 & 8 BLKS 7
Tax Annual Amount 2300
Legal Description ORIG PLAT PT LOTS 7 & 8 BLKS 7

Utilities

Cooling system Central Air

Amenities

Two large storefront display windows
High-efficiency boiler heat
Central air conditioning

Building Details

Year built 1900
Flooring type Carpet
Roof type Rubber, Flat
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Added: Sep 17 Last Checked: Sep 19 at 7:06PM
MLS# 202638498

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property includes approximately 3,800+/- square feet of main-floor commercial space, along with additional upstairs area for remodeling, expansion, office use, or potential residential applications. The primary level has an open layout, two large display windows, carpet flooring, central air conditioning, and high-efficiency boiler heat. A basement is also included.

The property occupies a 0.09-acre lot at 1332 Broad Street in New Castle, directly on State Road 38. Its downtown setting and position along the roadway provide a prominent commercial location. The building was constructed in 1900 and has previously housed a shoe store, offices, and an office supply business. The flat rubber roof and adaptable interior support continued commercial use or redevelopment of the additional upstairs space.

Key Highlights

  • Approximately 3,800+/- square feet of main‑floor commercial space
  • Additional upstairs area for remodeling, expansion, office use, or potential 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby
37k
Monthly Visits Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • The Flower Girl 405 S Main St, New Castle, IN 47362
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  • Tis The Season Gifts Flowers Broad St, New Castle, IN 47362
  • Peony Poppy Designs New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Storefront property - Open main-floor layout with two large display windows and flexible commercial configuration.
Where is this storefront property located?
The property is located at 1332 Broad Street 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 use, or potential residential applications; Two large storefront display windows
More about this property
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