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Divisible Flex Space
For Lease
$13 SF/Yr

519 New York Ave, New Castle, IN 47362

Commercial space accommodates office, medical, professional, and light industrial uses with adaptable build-out options.

Space SizeContact for details
Days on Market21

Property Features for 519 New York Ave

General Information

Standard status Active

Space & Availability

Divisible Yes
Space Use Office
Sublease No

Warehouse & Industrial

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

Additional Details

Highway Access Yes

Building Details

Year Built 1995
Listing Agency: RE/MAX First Integrity
Listed By: Susan Falck-Neal · License #RB14024543
Source: Eveloteam
Added: Aug 9 Changed: Aug 29 Last Checked: Aug 29 at 6:28PM

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 flexible commercial property offers divisible space for lease with open layouts and landlord-supported build-to-suit options. The improvements include 6,100 SF of warehouse space, 19-foot ceilings, and access to four shared loading docks. On-site parking serves staff and visitors, while the configuration can accommodate office, medical, professional service, and light industrial operations. The property was built in 1995.

Located just off SR 3 at 519 New York Ave in New Castle, the property provides access to I-70 and nearby amenities. Its combination of office-oriented space, warehouse functionality, and adaptable interior planning supports businesses seeking a configurable commercial setting.

Key Highlights

  • 6,100 SF of warehouse space
  • Four shared loading docks
  • 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
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 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 - Commercial space accommodates office, medical, professional, and light industrial uses with adaptable build-out options.
Where is this flex space located?
The property is located at 519 New York Ave New Castle, IN.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 6,100 SF of warehouse space; Four shared loading docks; 19‑foot warehouse ceilings
More about this property
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