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Retail Space with Private Offices
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2123 S Memorial Drive, New Castle, IN 47362

An open sales area is complemented by enclosed rooms, offices, restrooms, and a break room.

Property Size3,680 SF
Price / SF$0.65
Days on Market44

Property Features for 2123 S Memorial Drive

General Information

Standard status Active
Size 3,680 SF
Property subtype Retail
Listing Agency: F.C. Tucker/Crossroads
Listed By: Cara Huffman · License #RB14039883
Source: Locksteprealty
Added: Sep 17 Changed: Oct 28 Last Checked: Oct 28 at 1:26PM

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

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Investment Insights

Based on property information with market context.

This 3,680-square-foot retail space combines an open front area with two large adjoining rooms, including one with plumbing. Three private offices occupy the rear, while a separate open area along the hallway can serve as a meeting or training room. The premises also have two updated restrooms, a break room with a laundry connection, tile flooring throughout, and two front entry/exit doors plus a rear door.

The property is located at 2123 S Memorial Drive in New Castle, Indiana. Seller build-to-suit terms are available under an applicable lease agreement.

Key Highlights

  • 3,680 square feet of retail space
  • Open front area with two adjoining large rooms, one with plumbing
  • Three private offices at the rear

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Big Box & Wholesale Store Real Estate Agency Auto Parts Store

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

326
Businesses Nearby
167k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 20% Apparel 3% Home Improvements & Furnishings 3%
McDonald's Dining
33,647 visits/mo 0.3 miles
Taco Bell Dining
21,134 visits/mo 0.2 miles
Speedway Shops & Services
15,201 visits/mo 0.2 miles
Arby's Dining
11,679 visits/mo 0.2 miles
Burger King Dining
10,150 visits/mo 0.3 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

Frequently Asked Questions

What type of property is this?
Retail space - An open sales area is complemented by enclosed rooms, offices, restrooms, and a break room.
Where is this retail space located?
The property is located at 2123 S Memorial Drive New Castle, IN.
What are key features of this property?
This property features: 3,680 square feet of retail space; Open front area with two adjoining large rooms, one with plumbing; Three private offices at the rear
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