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Adaptable Flex Space
For Sale
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513 New York Avenue, New Castle, IN 47362

Open layouts support office, medical, professional services, and light industrial configurations.

Property SizeContact for details
Days on Market19

Property Features for 513 New York Avenue

General Information

Standard status Active

Warehouse & Industrial

Clear Height 19 ft
Warehouse Space 6,100 SF
Dock-High Doors 4

Additional Details

Highway Access Yes
Listing Agency: RE/MAX First Integrity
Listed By: Susan Neal · License #RB14024543
Source: Midwestrealestategroup
Added: Aug 16 Changed: Aug 31 Last Checked: Sep 2 at 3:44AM

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.

This flex-space property at 513 New York Avenue provides over 20,000 SF of divisible commercial area with open floor plans and flexible build-out options. The configuration includes 6,100 SF of warehouse space, 19-foot ceilings, and 4 shared loading dock positions. On-site parking serves staff and clients, while the space can accommodate office, medical, professional services, and light industrial uses.

The property is just off SR 3 and minutes from I-70, providing access to regional transportation routes. Its adaptable layout supports a range of business configurations within a single commercial setting.

Key Highlights

  • Over 20,000 SF of divisible commercial space
  • 6,100 SF of warehouse area with 4 shared loading dock
  • 19‑foot warehouse ceilings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center Storage Facility 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.

Lease Details

19 ft
Clear height
4
Dock-high doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

506
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • L.A. Liquid Catering- Mobile Bar 1214 Broad St, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Flex space - Open layouts support office, medical, professional services, and light industrial configurations.
Where is this flex space located?
The property is located at 513 New York Avenue New Castle, IN.
What are key features of this property?
This property features: Over 20,000 SF of divisible commercial space; 6,100 SF of warehouse area with 4 shared loading dock; 19‑foot warehouse ceilings
More about this property
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