Search
Fitness Center with Overhead Doors
New
For Sale
$2,600,000

221 N Memorial Drive, New Castle, IN 47362

An adaptable interior includes open training space and designated offices for commercial operations.

Property SizeContact for details
Days on Market2

Property Features for 221 N Memorial Drive

General Information

Standard status Active
Total Parking Spaces 120
Property subtype Commercial

Building Details

Year Built 1947
Buildings 1
Stories 1
Listed By: Amie Sprunger
Source: Heartlandauctionrealty.idxbroker
Added: Oct 23 Last Checked: Oct 23 at 6:08PM

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 Amie Sprunger

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This fitness property in New Castle occupies approximately 9.78 acres and includes a 17,250-square-foot block building. The interior combines a large open area with designated office space. Four overhead doors serve the building, and the site provides approximately 120 parking spaces. Built in 1947, the property is zoned C-2.

The property is on N Memorial Drive near the State Roads 3 and 38 intersection. Its existing gymnastics training use and building configuration provide a defined starting point for continued fitness operations or another use, subject to applicable zoning and approvals.

Key Highlights

  • Approximately 9.78 acres, zoned C‑2
  • 17,250‑square‑foot block building with open interior and designated office areas
  • Four existing overhead doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Real Estate Agency Garden Center Furniture & Home Goods Building Supply Big Box & Wholesale Store Skin Care Clinic

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

318
Businesses Nearby
Well-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Similar Off Market Nearby

  • Home Of Trojan Gymnastics — 221 N Memorial Dr, New Castle, IN 47362
  • Small Wonders Gymnastics — 221 N Memorial Dr, New Castle, IN 47362
  • Spartan Fitness — 221 N Memorial Dr, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Fitness center & gym - An adaptable interior includes open training space and designated offices for commercial operations.
Where is this fitness center & gym located?
The property is located at 221 N Memorial Drive New Castle, IN.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Approximately 9.78 acres, zoned C‑2; 17,250‑square‑foot block building with open interior and designated office areas; Four existing overhead doors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved