New Castle IN Commercial for Sale
- 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:
- Multi-Family
- Sq.Ft.:
- 5,184
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.43 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 22003793
ADDITIONAL INFORMATION
An opportunity for investors to develop an additional 12 units on the existing 12-unit-apartment site in New Castle, Indiana. The two parcels were consolidated in 2014, and a variance has since been approved to build an additional 12 units on the current rear gravel parking lot. The existing two-story building, constructed in 1966, was renovated in 2021. The updates included interior renovations for all 12 units, the installation of water softeners and tankless water heaters, and a new roof and gutters added in 2022. The existing units comprise eight one-bedroom, one-bath units and four two-bedroom, one bath units. The total weighted average rent is $647 per month. The primary opportunity on the existing building lies in the two-bedroom units, where the current weighted average rent is $656, compared to a potential market rate of $750. The advertised price does not include the development site at the rear with its approved variance (Asking $125,000). The seller is not willing to sell the building with the existing 12 units separately: the development site must go with the package.
- Type:
- Multi-Family
- Sq.Ft.:
- 6,125
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 22003740
ADDITIONAL INFORMATION
Seeking to connect a qualified investor to leverage favorable seller financing terms to facilitate a smoother purchase process on this 1980's sixteen one bedroom unit apartment building in an opportunity zone. Asset makes for an exceptional 1031 Exchange up-leg. The experienced investor will be well-positioned to capitalize on potential appreciation. The current owner has held the property since 2010 and according to seller he has invested in significant capital improvements, including a new metal roof and gutters, updated vinyl double pane windows (two windows have not been replaced), resurfaced and restriped the parking lot, and upgraded the main water line from two inches to one inch, resulting in a substantial reduction in water costs. According to Addison Properties fifty percent of the units have newer cabinets and flooring. According to current rent roll average rents of $440 are seventy three percent below the $600 market rate (according to recent sold investment sales comps in Henry County and other rent comp studies), providing an experienced investor with an opportunity to capitalize on this value-add potential and achieve greater returns into the future. According to property manager no major capital improvements are needed to achieve these results, as the significant upgrades have already been completed and the interior of the units is in market-ready condition. If you prefer traditional lending terms over seller financing, we can connect you with our extensive network of credit union banking partners for potentially more favorable terms and a lower down payment. Additionally, if you're out of state and need a property manager, we can provide reliable connections for that as well.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 202433771
- Subdivision:
- None
ADDITIONAL INFORMATION
Located in a high-traffic area, this C1-zoned property offers nearly half an acre of land, providing ample space for your vision. The expansive lot size allows for multiple development possibilities, whether you're considering retail, office space, or even a mixed-use project.
- 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:
- 2.1 Acres
- Year built:
- 1936
- Baths:
- 2.00
- MLS#:
- 202421936
- Subdivision:
- None
ADDITIONAL INFORMATION
**Prime Commercial Property with Shop and Renovated Farmhouse on 2+ Acres** Opportunity awaits at this prime commercial property located on State Road 3, just 2.5 miles south of I-70 and 50 minutes from Indianapolis. This versatile property features a well-equipped shop with three bays, an above-ground car lift, and excellent road frontage, perfect for attracting business. Included is a beautifully renovated 2,196 sq. ft. farmhouse offering a blend of modern comforts and rustic charm. The home boasts an attached four-car garage, providing ample storage and convenience. Additionally, the property includes a horse barn with four stalls, a tack room, and an inground pool, all set on just over 2 acres. Please see listing #202421935 for more details. This unique property combines residential comfort with commercial potential, making it an ideal investment for those seeking a multi-use space in a strategic location. Don't miss this chance to own a property that offers both business opportunities and a charming home.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.5 Acres
- Year built:
- 1950
- Baths:
- 4.00
- MLS#:
- 202421426
- Subdivision:
- None
ADDITIONAL INFORMATION
Exceptional opportunity to own a 23,570 square foot building in a prime location. The property features 3-Phase electrical service, 4 loading docks, large overhead door, and 24 parking spaces. Ceiling height in the warehouse section of the building is 12â?? 7â??. Column spacing is 47â??10â?? and 13â??6â??. The warehouse section features multiple bathrooms as well as a break room. Office space features 3 offices, reception area, and conference room.
- 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.
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 2024 Indiana Regional MLS. 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
The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
New Castle Real Estate
The median home value in New Castle, IN is $132,400. 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 $132,400. 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.