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Mixed-Use Building with Apartment
For Sale
$179,000

1334 Broad Street, New Castle, IN 47362

Commercial Sale, New Castle, IN

Property Size4,630 SF
Lot Size0.08 Acres
Price / SF$38.66
Days on Market146

Property Features for 1334 Broad Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1 Local Business
Parking features On Street
Middle school New Castle Middle School
Elementary school district New Castle Community School Corp
Middle school district New Castle Community School Corp
High school district New Castle Community School Corp
Directions GPS Friendly
Subdivision 3307 - Henry - Henry
Standard status Active
APN 331210440233000016
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Orig Plat Pt Lot 8 Blk 7 (22' X 165')
Tax Annual Amount 2794
Legal Description Orig Plat Pt Lot 8 Blk 7 (22' X 165')

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 2
Roof type Membrane
Listing Agency: Real Broker, LLC
Listed By: Jon Kindred · License #RB16000524
Added: May 20 Changed: Oct 8 Last Checked: Oct 12 at 9:06PM
MLS# 22103121

Copyright © 2026 Broker Listing Cooperative®. 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 downtown New Castle property combines ground-floor commercial space with a second-floor apartment. The building contains 4,630 square feet plus a basement. The front commercial suite measures 2,165 square feet and includes a display area, office/storage room, half bath, and basement access. A rear suite of 1,300 square feet has a warehouse-style area, office/storage room, half bath, and its own entrance. The apartment has a private entry, four rooms, and a half bath.

Access is available from Broad Street and Fleming Street. The property is zoned C1 Local Business. Recent building work includes a roof, second-story windows, electrical, HVAC, and facade updates.

Key Highlights

  • 4,630 SF plus basement
  • Front commercial suite: 2,165 SF, display area, office/storage room, and half bath
  • Rear commercial suite: 1,300 square feet with warehouse‑style area and separate entrance

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

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor commercial suites and a separately accessed upstairs apartment create a mixed-use layout.
Where is this mixed-use property located?
The property is located at 1334 Broad Street New Castle, IN.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 4,630 SF plus basement; Front commercial suite: 2,165 SF, display area, office/storage room, and half bath; Rear commercial suite: 1,300 square feet with warehouse‑style area and separate entrance
More about this property
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