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Historic Two-Story Mixed-Use Property
For Sale
$825,000

321 South Main Street, New Castle, IN 47362

Office-zoned property with dedicated parking and substantial architectural character in a central town setting.

Property Size4,138 SF
Price / SF$199.37
Days on Market159

Property Features for 321 South Main Street

General Information

Standard status Active
Size 4,138 SF
Property subtype Commercial / Mixed Use
Zoning offices

Building Details

Year Built 1847
Stories 2
Listing Agency: RE/MAX First Integrity
Listed By: Krista Gibson · License #RB17001821
Source: Compass
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 2:55PM

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 RE/MAX First Integrity

Investment Insights

Based on property information with market context.

Built in 1847, this two-story mixed-use property contains 4,138 square feet on a 0.75-acre lot. The building retains substantial architectural character, including five chimneys, columns, shutters, and a slate-look shingle roof. Recent work includes rebuilt chimneys, new roofing, interior and exterior paint, new flooring, replacement shutters and soffit, and structural reworking of the columns.

A dedicated parking lot accompanies the property, a practical feature for a central setting. The address is 321 South Main Street in New Castle, Indiana, and the zoning is identified as offices. The building’s scale, site area, and completed improvements provide a substantial base for continued commercial or mixed-use planning.

Key Highlights

  • 4,138‑square‑foot, two‑story building constructed in 1847
  • 0.75‑acre lot at 321 South Main Street, New Castle, IN 47362
  • Dedicated parking lot included with the property

Property Analytics

Current Use

Mixed-use properties

Suggested Use

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

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

26
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Office-zoned property with dedicated parking and substantial architectural character in a central town setting.
Where is this mixed-use property located?
The property is located at 321 South Main Street New Castle, IN.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 4,138‑square‑foot, two‑story building constructed in 1847; 0.75‑acre lot at 321 South Main Street, New Castle, IN 47362; Dedicated parking lot included with the property
More about this property
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