New Castle IN Commercial for Sale

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Type:
Multi-Family
Sq.Ft.:
5,490
Status:
Active
Beds:
n/a
Lot size:
0.31 Acres
Year built:
1937
Baths:
MLS#:
22020995

ADDITIONAL INFORMATION

Prime Investment Opportunity in Downtown New Castle! Seize this exceptional investment opportunity! This strategically located 6-unit apartment complex in the heart of downtown New Castle is primed for its next investor to complete the final touches and begin generating rental income. Significant upgrades have already been made, including a new roof, siding, gutters, soffit, doors, and windows, along with multiple electrical and plumbing updates. With the groundwork laid, this property is ready to deliver strong returns. Schedule a showing today to explore the potential of this promising investment!

Type:
Industrial
Sq.Ft.:
7,250
Status:
Active
Beds:
n/a
Lot size:
0.33 Acres
Year built:
1977
Baths:
MLS#:
22012132

ADDITIONAL INFORMATION

Unlock Your Business Potential with this Versatile Industrial Property in Cadiz, Indiana! Discover the perfect blend of functionality and opportunity with this exceptional industrial building located just minutes from New Castle on the highly accessible SR 38. It's also minutes from I69 and I70. Boasting a generous 6,000 sq. ft. of dynamic industrial space and also includes a spacious 1,250 sq. ft. of office/apartment space that can serve as a functional workspace for your team or as a comfortable living quarters for on-site management. This property is ideal for a variety of business ventures, from manufacturing to warehousing, and everything in between!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.56 Acres
Year built:
1900
Baths:
10.00
MLS#:
202439888
Subdivision:
None

ADDITIONAL INFORMATION

Whether you know it as the "Old YMCA," Young Men's Christian Association, Church Street Gym, or as the Township Trustee Office; the memories this historical property holds for countless individuals is undeniable. This property consists of two adjoined buildings. The first being a four floor 34,232 square foot multi purpose building with office space, gym, multiple recreation rooms, full basement, indoor pool, elevator and more. Updates of the first two floors have taken place over the last several years including electrical, HVAC, flooring, paint, windows, ect. The top two floors of this building were previously used as dorm style housing and the current layout and condition are still reflective of the original use. The second building (The Church Street Gym) is 11,520 square feet and features a large gymnasium with stadium seating, stage, basement locker rooms and more. No a/c in gym. The potential of these two buildings is limitless. Extensive updates will be required depending on intended use. A financial pre-approval or proof of funds is required for property tours.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.28 Acres
Year built:
1900
Baths:
1.00
MLS#:
202431536
Subdivision:
None

ADDITIONAL INFORMATION

Large, open, pole construction creates a great opportunity for your business. This updated building has concrete floor with a roughed in office or storage area at one end. There are two existing car lifts that can be included in the sale. This property also features a large spacious gravel lot for parking and storage. Age of the building unknown. Buyer to verify dimensions.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.1 Acres
Year built:
1900
Baths:
12.00
MLS#:
202336981
Subdivision:
None

ADDITIONAL INFORMATION

Originally home to Sears & Roebucks, this is a historic building that has long been a staple landmark in our community. This grand structure spans an impressive 40,000 square feet, with 25,000 square feet thoughtfully finished for office space. One of the standout features of this property is its modern convenience, including elevators, making access to multiple offices and different levels a breeze. Its prime location across the street from the newly renovated 1400 Plaza adds to its appeal, offering a vibrant and dynamic environment for businesses and visitors alike. This property includes four lots, providing ample space and potential for various uses. It's being sold "as is," offering a unique opportunity for investors and entrepreneurs to shape its future.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.95 Acres
Year built:
1993
Baths:
3.00
MLS#:
202206189
Subdivision:
None

ADDITIONAL INFORMATION

Over 11,000 square foot, well-maintained, commercial property currently used as a church and daycare facility. Beautiful sanctuary features natural woodwork, baptistry, and balcony. Large carpeted gymnasium/multi-purpose room. Nice kitchen compliant with childcare requirements includes two gas stoves and large industrial sink. Up to ten different rooms serving as classrooms/office space. Three bathrooms and many closet/storage rooms. Multiple gas furnaces and a/c units for heating/cooling efficiency. Roof age is approximately 10 years old. Plenty of paved private parking outside with extra gravel lot and gravel spaces across street for parking. With some insight and vision, this property is a great space for many potential uses.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS. All rights reserved.



New Castle Real Estate

The median home value in New Castle, IN is $147,450. This is lower than the county median home value of $152,900. The national median home value is $338,100. The average price of homes sold in New Castle, IN is $147,450. Approximately 54.8% of New Castle homes are owned, compared to 29.93% rented, while 15.27% are vacant. New Castle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Castle real estate agent to arrange a tour today!

New Castle, Indiana 47362 has a population of 17,465. New Castle 47362 is less family-centric than the surrounding county with 28.07% of the households containing married families with children. The county average for households married with children is 28.42%.

The median household income in New Castle, Indiana 47362 is $46,112. The median household income for the surrounding county is $54,154 compared to the national median of $69,021. The median age of people living in New Castle 47362 is 40.5 years.

New Castle Weather

The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 43.5 inches per year, with 24.5 inches of snow per year.

New Castle Real Estate Market Conditions

  • Median sales price

    $147,450
    15.1% change since last quarter
  • # Active listings

    69
    30-day change

New Castle Schools and Demographics

Education near New Castle, IN

Metric City County
High School Graduates 90.05 90.8
College Degree - 2 year 7.49 8.82
College Degree - 4 year 16.36 17.55
Graduate Degree 5.68 5.28
Expenditures per Student 12,632 12,632
Students per Teacher 13.9 13.9

Elementary Schools near New Castle, IN

School Grades Students P/T Ratio ZIP
Blue River Valley Elementary School PK - 06 379 19.6 47362
James Whitcomb Riley Elementary School 01 - 06 261 16.3 47362
Parker Elementary School KG - 06 440 19.1 47362
Sunnyside Elementary School KG - 07 268 14.9 47362
Tri-Elementary School KG - 06 387 17.2 47387
Westwood Elementary School 01 - 06 256 17.1 47362
Wilbur Wright Elementary School KG - 06 367 17.5 47362

Middle Schools near New Castle, IN

School Grades Students P/T Ratio ZIP
Kennard Elementary School KG - 04 94 9.2 47351
New Castle Middle School 07 - 08 552 13.1 47362

High Schools near New Castle, IN

School Grades Students P/T Ratio ZIP
Blue River Valley Junior/Senior High School 07 - 12 266 10.2 47362
New Castle High School 09 - 12 1,119 12.8 47362
Tri Junior-Senior High School 07 - 12 392 14.2 47387

Demographics near New Castle, IN 47362

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 29,865 17,465
Population Density 204 2,375
Median Age 42 40.5
People per Household 2.4 2.4
Median Household Income 51,628 46,112
Average Income per Capita 24,820 23,677