Search
Flex Space with Garage Bays
For Sale
$299,000

2704 Outer Drive, New Castle, IN 47362

Two-building commercial property includes office areas, multiple service bays, and an on-site apartment.

Property Size193,842 SF
Lot Size4.50 Acres
Price / SF$1.54
Days on Market368

Property Features for 2704 Outer Drive

General Information

Standard status Active
Size 193,842 SF
Lot size 4.50 Acres
Property subtype Commercial / Mixed Use

Additional Details

Drive-In Doors 7
Service Bays 7

Taxes and HOA fees

Annual Taxes $2,162

Amenities

2 office spaces
car painting room
1-bedroom apartment
Window
1
No
Concrete
Gas
Yes
Aluminum, Stone
Metal, Shingle

Building Details

Year Built 1987
Buildings 2
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Carrissa Kidd · License #RB20000582
Source: Compass
Added: Aug 29, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:03PM

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 flex space property includes two buildings with a combined area of approximately 3500 square feet on nearly 4.5 acres. The front building contains two office spaces and four garage-door bays, while the rear building provides three additional garage-door bays and a dedicated room configured for vehicle painting.

A functioning one-bedroom apartment adds a full kitchen and bathroom to the property. Built in 1987, the asset is located at 2704 Outer Drive in New Castle, Indiana, with a layout that combines office, garage, and residential components.

Key Highlights

  • Two buildings with a combined ~3500 Sq ft of space
  • Nearly 4.5 acres at 2704 Outer Drive, New Castle, IN 47362
  • Front building has 2 office spaces and 4 garage door bays

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Spa & Massage 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

7
Drive-in doors
7
Service bays

Location Intelligence

Trade Area within ½ mile

76
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial property includes office areas, multiple service bays, and an on-site apartment.
Where is this flex space located?
The property is located at 2704 Outer Drive New Castle, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two buildings with a combined ~3500 Sq ft of space; Nearly 4.5 acres at 2704 Outer Drive, New Castle, IN 47362; Front building has 2 office spaces and 4 garage door bays
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