Medical Premises

New Castle, IN Medical Office Space for Sale

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Office Suite With Private Offices
Updated: Feb 26
Office Suite With Private Offices

1518 Washington Street, New Castle, IN 47362

Contact for pricing
1.32 AC lot
875 square feet configured with reception, central workroom, private offices or exam rooms, storage, and 2 restrooms
Front and rear entrances with off‑street parking
Office, retail, and medical use potential
Landlord open to tenant improvements
Located near a hospital and other medical practices
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Divisible Flex Building with Warehouse
Updated: May 3, 2025
Divisible Flex Building with Warehouse

503 New York Avenue, New Castle, IN 47362

Contact for pricing
26,100 sqft
Over 20,000 SF of flexible‑use commercial space available for office, medical, professional services, or light industrial operations
Landlord can build to suit 6,100 SF of warehouse space with 4 shared loading docks
Warehouse ceiling height of 19 feet (in the build‑to‑suit 6,100 SF option)
Divisible layout with open floor plans and flexible build‑out options
Zoned for office, medical, light industrial, and professional use
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in New Castle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Single-Story Medical Redevelopment Shell
Single-Story Medical Redevelopment Shell

2220 East 59th Street, Anderson, IN 46013

$900,000
6,972 sqft 1.00 AC lot

2018-built, fully demoed single-story facility with an open treatment area and perimeter framing for private rooms or offices.

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Single-Story Medical Redevelopment Shell
Single-Story Medical Redevelopment Shell

2220 E 59th St, Anderson, IN 46013

Contact for pricing
6,972 sqft 1.00 AC lot

2018-built single-story facility is fully demoed to a clean shell with existing plumbing rough-ins and multiple treatment-area components.

View details
Medical Office with Clinic Buildout Space
Medical Office with Clinic Buildout Space

800 S Tillotson Avenue, Muncie, IN 47303

$3,400,000

Property offers second-generation space with clinic-ready features plus warm-lit shell areas for new buildout.

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Versatile Commercial Space for Sale
Versatile Commercial Space for Sale

1107 S Tillotson Ave, Muncie, IN 47304

Contact for pricing
12,600 sqft

12,600 SF commercial building suitable for medical, retail, office.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C-1 Commercial Land
C-1 Commercial Land

Washington Jackson Road, Eaton, OH 45320

$220,000
2.00 AC lot

Two contiguous vacant lots offer a C-1-zoned site for commercial development near established community and medical facilities.

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Zoned B-2 Commercial Infill Lot
Zoned B-2 Commercial Infill Lot

Weston Pointe Drive, Carmel, IN 46032

$799,900
1.00 AC lot

Commercial lot zoned B-2 with shared parking agreement providing up to 90+ spaces.

View details
Commercial Land with Road Frontage
Commercial Land with Road Frontage

6201 S Co Rd 25A, Tipp City, OH 45371

$1,895,000
36.43 AC lot

Flat commercial land with Office Services and Business Use zoning, public utilities, and access to major regional transportation routes.

View details
Zoned Highway Business Development Land
Zoned Highway Business Development Land

9377 S STATE ROAD 39, Mooresville, IN 46158

$3,400,000
9.34 AC lot

9.34-acre commercial parcel zoned Highway Business (HB) for flexible, retail- and service-oriented development in Mooresville.

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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

Value Estimation by Request
4,216 sqft 0.82 AC lot
View details
916 Main St
MEDICAL BUILDING

916 Main St, New Castle, IN 47362-2821

Value Estimation by Request
4,165 sqft 0.53 AC lot
View details
202 Main St
MEDICAL BUILDING

202 Main St, New Castle, IN 47362-4211

Value Estimation by Request
2,062 sqft 0.46 AC lot
View details
315 Memorial Dr
MEDICAL BUILDING

315 Memorial Dr, New Castle, IN 47362-4904

Value Estimation by Request
4,140 sqft 0.35 AC lot
View details
930 14th St
MEDICAL BUILDING

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

Value Estimation by Request
13,916 sqft 3.06 AC lot
View details
713 Memorial Dr
MEDICAL BUILDING

713 Memorial Dr, New Castle, IN 47362-4954

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

1912 Bundy Ave, New Castle, IN 47362-2917

Value Estimation by Request
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
Value Estimation by Request
6,480 sqft 1.32 AC lot
View details
101 Emerson Ave
MEDICAL BUILDING

101 Emerson Ave, New Castle, IN 47362-4658

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

1500 Washington St, New Castle, IN 47362-4355

Value Estimation by Request
3,463 sqft 0.24 AC lot
View details
152 Wittenbraker Ave
MEDICAL BUILDING

152 Wittenbraker Ave, New Castle, IN 47362-5000

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

340 Parkview Dr, New Castle, IN 47362-2945

Value Estimation by Request
2,424 sqft 0.34 AC lot
View details
1007 16th St
MEDICAL BUILDING

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

Value Estimation by Request
14,992 sqft 0.89 AC lot
View details
1000 16th St
MEDICAL BUILDING

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

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

New Castle, IN Medical Office Space Market Trends and Statistics

Explore 16 medical office space for sale in New Castle, IN on our real estate platform. These investment opportunities span a total of 26,100 square feet of properties for sale, with an estimated market value of $888.

Sale prices for medical spaces in New Castle, IN start at $13, averaging $444, and reaching up to $875 — 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 buildings 5
Office Units 5
Medical Office Space 3
Coworking space 1

Demographics Overview

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

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%

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