1914 I Avenue New Castle, IN 47362

Listing agent Jaswinder Samra License #RB14042693 Show Phone

Listing office Keller Williams Indy Metro NE k***@kw.com River Rd Ste 200 8555, Indianapolis, IN Show Phone

Listing date May 27, 2026

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MLS# 22104297

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 5,210+/- SF commercial building was formerly operated as a restaurant/bar and is being offered in as-is condition. The property includes spacious dining and bar areas, along with a commercial kitchen setup featuring a hood system and walk-in coolers. Existing fixtures and equipment are in place, supporting an operator that can use the current turnkey restaurant configuration or adapt the space for other hospitality concepts.

The site sits on approximately 0.73 acres with ample parking and visibility. The property is located directly across from a large Crown Equipment Corporation warehouse facility, creating convenient, day-time business exposure for guests and customers traveling through the area.

For tenants or owner-users seeking a hospitality-ready layout, the existing restaurant and bar improvements can reduce buildout time compared to starting from a blank space. The flexible interior configuration can also support use as a banquet hall, event center, or related hospitality operation, subject to applicable approvals and ongoing lease or redevelopment requirements.

Key Highlights

• Turnkey restaurant/bar layout ideal for immediate operation or conversion to banquet hall/event center.
• Fully equipped commercial kitchen with hood system and walk‑in coolers.
• High‑visibility location directly across from Crown Equipment Corporation warehouse.

Property Analytics

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FAQs

What type of property is this?

Conventional restaurant - Turnkey restaurant and bar space with commercial kitchen equipment, dining areas, and on-site parking on a Commercial-zoned site.

Where is this conventional restaurant located?

The property is located at 1914 I Avenue New Castle, IN.

What is the lease rate?

The lease rate is $3,900 /Mo.

What are key features of this property?

This property features: Turnkey restaurant/bar layout ideal for immediate operation or conversion to banquet hall/event center.; Fully equipped commercial kitchen with hood system and walk‑in coolers.; High‑visibility location directly across from Crown Equipment Corporation warehouse.