2010 Memorial Dr New Castle, IN 47362-1220
- Retail space
- 17,488 SF
- 1.30 lot acres
Current Use by Public Records
- Retail space
Property Details for 2010 Memorial Dr
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 1.30 lot acres
- Property size
- 17,488 SF
- Property type
- Retail space
- APN
- 33-12-22-130-133.000-016
- APU
- 331222130133000016
Description
This exceptional 16,094 square foot commercial property presents a unique investment opportunity in New Castle, Indiana. Situated on a highly trafficked section of South Memorial Drive (State Road 3), this single-tenant building boasts excellent visibility and accessibility, making it ideal for a variety of businesses. The property's classification as a Class B building reflects its solid construction and functional layout. The building itself sits on a sizable 1.3-acre lot, offering ample space and potential for expansion or outdoor use. Inside, the generous square footage is complemented by a large overhead door, perfect for loading and unloading, and a substantial storage area, catering to diverse operational needs. The property's dual zoning as both traditional and creative office space allows for flexibility in tenant selection and business types. This versatile building is perfect for a company seeking a prominent location with significant space and convenient access. Located in Henry County, this property offers a strategic position within a thriving community. The combination of size, location, and features makes this a truly compelling opportunity for a discerning buyer. This is a rare chance to acquire a substantial commercial property in a high-demand area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- Henry
- State
- Indiana
- Longitude
- -85.3844
- Latitude
- 39.9123
- CBSA code
- 35220
- CBSA name
- NEW CASTLE, IN MICROPOLITAN STATISTICAL AREA
