This beautiful building in New Castle's Historic District is available for you to make your own! Main floor retail area, studio apt and 2 BR apt all currently leased. Great location in the heart of a busy downtown. Own parking lot and new HVAC system in '24. Main floor retail property to be shown only during business hours: 9a-5:30p M-F. 9a-12 noon Sat. Main floor retail business not for sale. Located in Historic District - restrictions apply, these are located in associated documents.
Your next business opportunity? This property features 2 buildings for a combined ~3500 Sq ft and nearly 4.5 acres. The front building has 2 office spaces, along with 4 garage door bays. The back building Also has 3 garage door bays, one room set up for car painting. Also includes a fully functioning 1 bedroom apartment with a full kitchen and bathroom.
For Sale or Lease. Nice 27,000 +/- SQ FT Industrial/Warehouse building. Large offices, full bathroom and very well done in both electric and heat for industrial and/or manufacturing. Located in nice industrial park with easy assess to highway 38 or St Rd 3 and I-70
This 50+/- acre property offers a prime location with significant potential for commercial development. Featuring a large amount of frontage along State Road 3, along with convenient rail access, this parcel is perfectly situated for a variety of business ventures. Previously part of a large farming operation, the land is surrounded by other commercial enterprises, making it an ideal candidate for similar development. The property is well-equipped for future use, with high-pressure gas lines and a nearby substation providing ample power to support any commercial or industrial operations. This rare opportunity combines accessibility, utilities, and location, offering an excellent foundation for your next enterprise. Don’t miss your chance to secure this exceptional piece of real estate in central Indiana.
Located at 100 S. 19th St., this historic property offers a rare opportunity to own a piece of Indiana’s rich heritage. Once home to the Speeder Bicycle Company, which manufactured bicycles and was frequented by the legendary Wilbur Wright, this building holds a legacy of innovation and history. It’s also believed to be the birthplace of the snow plow, adding to its unique and storied past. The commercial space exudes character, featuring original fixtures and a second-story, two-bedroom apartment that holds endless potential. In the late 20th century, it became the artist studio and frame shop for Henry County’s most successful artists, Verl and Bette Schaeffer. This building is being sold as-is and requires both structural and cosmetic repairs, but its historic charm and distinctive past provide a perfect canvas for future possibilities. Don’t miss the chance to invest in this one-of-a-kind property—one that is poised to create new history for years to come.
Located in the heart of downtown New Castle on Broad Street, this versatile commercial property offers excellent visibility and accessibility. Featuring both Broad Street and Fleming Street access, the spacious layout includes a total of 4,630 SF + basement. The main floor has a front unit with 2,165 SF, large display room, office / storage room, half bath, and basement access. The rear unit offers 1,300 square feet with a warehouse-style area, office / storage room, half bath, and separate entrance. The unique set up makes this property ideal for a variety of business opportunities. Adding to its appeal is a second floor apartment with private entry, Downtown Broad Street views, 4 rooms and 1/2 bathroom. Recent updates to this building include the roof, second story windows, electrical, HVAC and facade.
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!
Have you always aspired to own your own business? Well now is your chance. Small Mechanic shop with a front office area & bathroom. You could also have a a car lot there. Possibilities are endless here. Inside features 3 work bench's And a Compressor. Maybe you need a place for warehousing or storage or you would like to open a small retail shop. Tons of Parking Space right outside your door. This shop also can be leased for $1,000 per month.
Landmark Commercial Property at 1416 Broad Street – 40,000+ Sq Ft of Opportunity. Welcome to 1416 Broad Street, a grand commercial structure that has long stood as a cornerstone of the Newcastle community. Originally home to Sears and Robuck, this impressive building boasts over 40,000 square feet of space—of which 27,000 square feet is currently laid out for office use. This is a rare opportunity to own a truly iconic property in the heart of town. Directly across from the bustling 1400 Plaza—one of Newcastle’s most frequented community hubs—this location benefits from steady visibility and foot traffic. Recent updates to the structure and roof, along with a complete interior clean-out, have revealed the full scope and potential of the space. With its solid construction, elevators, generous square footage, and prime location, the possibilities are endless—ideal for office suites, retail redevelopment, co-working spaces, or a mixed-use conversion. Now offered at a newly reduced price, this property is positioned to attract even the most discerning investors and entrepreneurs. Whether you’re looking to restore a piece of Newcastle history or reimagine it for modern use, 1416 Broad Street offers the space, stature, and setting to bring your vision to life. Don’t miss out on this rare chance to revive and reinvent a true community landmark.

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

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New Castle is located in Indiana. New Castle, Indiana has a population of 17,465. New Castle is less family-centric than the surrounding county with 25.71% 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 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 is 40.5 years.
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.