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    New Castle, KY
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    New Castle, KY Storefront Properties for Sale

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    Eminence, KY Smithfield, KY Campbellsburg, KY Sulphur, KY Bethlehem, KY Pleasureville, KY Pendleton, KY La Grange, KY
    Licensed Day Care Center
    Updated: Oct 1, 2025
    Licensed Day Care Center

    1378 Eminence Rd, New Castle, KY 40050

    $359,900
    2,945 sqft
    2,945‑square‑foot building configured for preschool operations
    Currently licensed and operating as a preschool
    Four‑year tenant lease expires 10/31/2029
    B‑2 zoning
    Two bathrooms and a kitchen area
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    This listing looks promising.

    Here's a quick look at some key insights for

    1378 Eminence Rd, New Castle, KY 40050

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $420K
      Above asking

    • Last Sold

      Apr 2019
      $55K
    View Property Analytics
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Historic Restaurant Building
    Historic Restaurant Building

    4881 N Main St, Eminence, KY 40019

    $225,000
    4,736 sqft

    Operating dining space occupies the first floor, with an upper level prepared for substantial renovation.

    View details
    Freestanding Retail Property in Eminence, KY
    Freestanding Retail Property in Eminence, KY

    63 Depot Ave, Eminence, KY

    Contact for pricing
    9,100 sqft 0.59 AC lot

    Single-tenant Family Dollar in Eminence, KY with investment grade credit.

    View details
    Historic Mixed-Use Retail & Office Buildings
    Historic Mixed-Use Retail & Office Buildings

    537 & 541 Main Street, Shelbyville, KY 40065

    Contact for pricing

    Historic downtown buildings with storefront and office space, loading dock, and multiple parking areas.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    711 Main Street, Shelbyville, KY 40065

    Contact for pricing

    Main-level retail space is paired with three apartments above.

    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.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    Democrat Drive lot: 2D, Frankfort, KY 40601

    $413,614
    1.20 AC lot

    Parcel on Democrat Drive with PO zoning and water available.

    View details
    Commercial Land in Madison, Indiana
    Commercial Land in Madison, Indiana

    600 Green Road, Madison, IN 47250

    $79,900

    High-traffic commercial land with city utilities available.

    View details

    New Castle, KY Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in New Castle, KY on our real estate platform. These investment opportunities span a total of 2,945 square feet of properties for sale, with an estimated market value of $359,900.

    Sale prices for retail units in New Castle, KY average $359,900 — 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

    Storefront properties 1

    Demographics Overview

    Population 1,884
    Population Growth (5Y) +4.9%
    Median Household Income $45,528
    College Educated 34.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $10.86 per SF
    Average Loan-to-Value 65.0%

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