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Medical Office Suite with Reception
For Lease
$875/Mo

1518 Washington St, New Castle, IN 47362

Flexible suite layout includes private rooms, two restrooms, and front and rear access.

Space Size875 SF
Days on Market92

Property Features for 1518 Washington St

General Information

Standard status Active
Size 875 SF
Net Rentable 875 SF

Space & Availability

Available Space 875 SF
Contiguous Space 875 SF
Space Use Office
Condition Built-to-Suit

Amenities

reception area
public restroom
central workroom
private exam/offices
private restroom
storage room
front and rear entrances
off-street parking

Building Details

Year Built 1976
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Cara Huffman · License #RB14039883
Source: Spencerchildersgroup
Added: May 31 Changed: Aug 29 Last Checked: Aug 25 at 5:30AM

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 Real Estate

Investment Insights

Based on property information with market context.

This 875 sq. ft. medical office suite provides a practical arrangement for office, retail, or clinical use. The interior includes a reception area, public restroom, central workroom, multiple private exam or office rooms, a second restroom, and dedicated storage. The well-maintained building also offers front and rear entrances for convenient circulation.

Positioned along a high-traffic corridor near a hospital and other medical practices, the property includes ample off-street parking. The landlord is open to tenant improvements, allowing the space to be configured for a tenant’s operational requirements. Its combination of private rooms, support areas, and flexible access accommodates a range of professional uses.

Key Highlights

  • 875 sq. ft. medical office suite
  • Reception area with public restroom
  • Multiple private exam or office rooms

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Daycare Center Dental Office Garden Center (Bike/Boat/Book/etc) Store Locksmith

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
Under-served
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible suite layout includes private rooms, two restrooms, and front and rear access.
Where is this medical office space located?
The property is located at 1518 Washington St New Castle, IN.
What is the lease rate?
The lease rate is $875/Mo.
What are key features of this property?
This property features: 875 sq. ft. medical office suite; Reception area with public restroom; Multiple private exam or office rooms
More about this property
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