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Two-Building Mixed-Use Property
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512-514 Broadway, New Haven, IN 46774

Retail or office uses occupy the main levels, with apartments on the upper floors.

Property SizeContact for details
Days on Market144

Property Features for 512-514 Broadway

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Net Operating Income $42,000

Additional Details

Floor Main Level
Cap Rate 10%
Utilities to Site Yes

Building Details

Buildings 2
Stories 2
Tenancy Multi
Listing Agency: BND Commercial Real Estate
Listed By: David W. Nugent · License #RB14009044
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:33PM

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 BND Commercial Real Estate

Investment Insights

Based on property information with market context.

The property includes two separate two-story buildings at 512-514 Broadway in New Haven, Indiana. Each building provides commercial space on the ground floor for retail or office occupancy, while the upper levels contain five apartment living spaces in total. The entire property is currently leased, including all apartments.

Both buildings have standard electric service and gas forced-air heating. The retail areas are equipped with central air conditioning, while the apartments use window units. Positioned on Broadway, a major north–south street, the property combines commercial and residential components within a central New Haven setting. The reported cap rate is 10%, and an additional parcel identified as 02-13-12-155-023.000-041 is included.

Key Highlights

  • Two separate two‑story buildings at 512‑514 Broadway
  • Five upper‑level apartment living spaces in total
  • Main floors configured for retail or office occupancy

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy (Bike/Boat/Book/etc) Store Garden Center Storage Facility Electrical Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 46774, IN

17,341
Population
7,287
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
52.7 sq mi
ZIP Area
329
Density / Sq Mi
$70,758
Median Household Income
$44,034
Median Earnings
$961
Median Rent
$169,200
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail or office uses occupy the main levels, with apartments on the upper floors.
Where is this mixed-use property located?
The property is located at 512-514 Broadway New Haven, IN.
What are key features of this property?
This property features: Two separate two‑story buildings at 512‑514 Broadway; Five upper‑level apartment living spaces in total; Main floors configured for retail or office occupancy
(260) 407-7113 Call to check price and availability
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