Medical Premises

New Castle, IN Medical Office Space for Sale

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Spiceland, IN Daleville, IN Mooreland, IN Straughn, IN Middletown, IN Kennard, IN Knightstown, IN Wilkinson, IN
Medical Office Building
Updated: Oct 14
Medical Office Building

New Castle, IN 47362

$289,900
4,800 sqft 1.62 AC lot
4,800 SF medical office building
1.623‑acre site along South Spiceland Road with road frontage
Built in 1997; single‑story configuration with paved parking
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1 active listing matches your search: Medical Office for sale in New Castle, IN. Based on your search, we've also compiled 18 Potential Opportunities for your consideration: 4 properties in nearby cities and 14 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office with Second-Level Apartment
Medical Office with Second-Level Apartment

3400 W Purdue Avenue, Muncie, IN 47304

$575,000
0.50 AC lot

Existing clinical rooms and a separate upstairs residence support medical or professional office occupancy.

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Renovated Medical Office Space
Renovated Medical Office Space

1836 West Main Street, Richmond, IN 47374

$225,000
2,268 sqft 0.26 AC lot

Clinical layout includes operatories, lab space, private office, and two rest rooms.

View details
Medical Office Property with Clinic Space
Medical Office Property with Clinic Space

800 S Tillotson Avenue, Muncie, IN 47303

$3,400,000
3.42 AC lot

Existing clinic-use areas are paired with warm, lit shell space for additional buildout.

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Updated Office Unit with Ramp
Updated Office Unit with Ramp

1607 Chester Blvd, Richmond, IN 47374

Contact for pricing
1,246 sqft

Flexible professional setting with front windows, signage, and rear parking for client and staff access.

View details

Off-Market Properties in New Castle, IN

Consider similar Off-Market properties in New Castle, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

375 Trojan Ln
MEDICAL BUILDING

375 Trojan Ln, New Castle, IN 47362-2966

Estimated value:
$310,000
4,216 sqft 0.82 AC lot
View details
916 Main St
MEDICAL BUILDING

916 Main St, New Castle, IN 47362-2821

Estimated value:
$265,000
4,165 sqft 0.53 AC lot
View details
202 Main St
MEDICAL BUILDING

202 Main St, New Castle, IN 47362-4211

Estimated value:
$255,000
2,062 sqft 0.46 AC lot
View details
315 Memorial Dr
MEDICAL BUILDING

315 Memorial Dr, New Castle, IN 47362-4904

Estimated value:
$365,000
4,140 sqft 0.35 AC lot
View details
930 14th St
MEDICAL BUILDING

930 14th St, New Castle, IN 47362-4311

Estimated value:
$330,000
13,916 sqft 3.06 AC lot
View details
713 Memorial Dr
MEDICAL BUILDING

713 Memorial Dr, New Castle, IN 47362-4954

Estimated value:
$905,000
19,776 sqft 1.55 AC lot
View details
1912 Bundy Ave
MEDICAL BUILDING

1912 Bundy Ave, New Castle, IN 47362-2917

Estimated value:
$300,000
5,490 sqft 0.57 AC lot
View details
1516 Washington St, Unit 1528
MEDICAL BUILDING

1516 Washington St, New Castle, IN 47362-4355

Unit 1528
Estimated value:
$295,000
6,480 sqft 1.32 AC lot
View details
101 Emerson Ave
MEDICAL BUILDING

101 Emerson Ave, New Castle, IN 47362-4658

Estimated value:
$570,000
8,320 sqft 1.12 AC lot
View details
1500 Washington St
MEDICAL BUILDING

1500 Washington St, New Castle, IN 47362-4355

Estimated value:
$285,000
3,463 sqft 0.24 AC lot
View details
152 Wittenbraker Ave
MEDICAL BUILDING

152 Wittenbraker Ave, New Castle, IN 47362-5000

Estimated value:
$2,975,000
49,250 sqft 9.74 AC lot
View details
340 Parkview Dr
MEDICAL BUILDING

340 Parkview Dr, New Castle, IN 47362-2945

Estimated value:
$315,000
2,424 sqft 0.34 AC lot
View details
1007 16th St
MEDICAL BUILDING

1007 16th St, New Castle, IN 47362-4320

Estimated value:
$345,000
14,992 sqft 0.89 AC lot
View details
1000 16th St
MEDICAL BUILDING

1000 16th St, New Castle, IN 47362-4319

Estimated value:
$715,000
13,009 sqft
View details

New Castle, IN Medical Office Space Market Trends and Statistics

Explore 15 medical office space for sale in New Castle, IN on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $289,900.

Sale prices for medical spaces in New Castle, IN average $289,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 6
Medical Office Space 5
Office buildings 1

Demographics Overview

Population 29K
Population Growth (5Y) -1.9%
Median Household Income $56,564
College Educated 20.0%

High-Yield Neighborhoods for Investment

Identify New Castle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47362 $553.5K

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $49.50 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

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