Historic presence, bold scale, and the kind of opportunity that rarely comes along, this standout New Castle property delivers it all. Built in 1847 by Mason Livezey for the Eli Murphy family, this two-story structure offers over 4,100 square feet and sits on a hard to find 0.75 acre lot right in the heart of town. From the moment you arrive, the architectural character makes an impression-timeless, substantial, and ready for its next chapter. The heavy lifting has already been done, giving you a strong head start. All five chimneys have been completely rebuilt, a new roof with slate look shingles adds both durability and style, and fresh interior and exterior paint create a clean, refreshed feel throughout. New flooring has been installed, along with new shutters and soffit, while the columns have been reworked to ensure long-term structural integrity, preserving the look while strengthening the foundation for what comes next. And then there’s the feature that truly sets this property apart, its dedicated parking lot. In a downtown setting where parking is often limited, this is a rare and valuable asset that adds everyday convenience and long-term appeal. With its size, history, and extensive updates already in place, this property offers the kind of flexibility and presence that invites creativity. Whether you're envisioning a residential restoration, a business venture, or a blend of both, this is a space with stories behind it, and plenty more waiting to be written.
PRIME COMMERCIAL OPPORTUNITY – NEARLY 10 ACRES IN A HIGH-VISIBILITY NEW CASTLE LOCATION! Exceptional opportunity to acquire approximately 9.78 acres of commercially zoned property near the heavily traveled intersection of State Roads 3 and 38 in New Castle, Indiana. This versatile property features an approximately 17,250-square-foot block building, offering expansive open interior space, designated office areas, and flexibility to accommodate a wide range of commercial uses. Currently operating as a gymnastics training facility, the building offers an adaptable layout with four existing overhead doors and the potential for additional overhead door installations. The property also features approximately 120 parking spaces, providing substantial on-site parking for customers, employees, or business operations. Zoned C-2, this property presents opportunities for commercial redevelopment, retail, recreational facilities, professional services, showroom space, or other business ventures, subject to applicable zoning and approvals. The generous acreage, substantial building footprint, extensive parking, and strategic location along New Castle's primary commercial corridor make this an attractive opportunity for investors, developers, and owner-users alike. Whether repurposing the existing building, expanding commercial operations, or exploring future development opportunities, this property offers exceptional flexibility and potential in a desirable commercial location.
Discover a rare opportunity to own a beautifully renovated farmhouse, established auto repair shop, and versatile mini-farm, all in one property. Conveniently located on State Road 3, just 2 miles North of I-70 and approximately 45 minutes from Downtown Indianapolis. This property offers excellent visibility, accessibility, and endless possibilities. This well maintained 2688 sq ft. farmhouse blends classic character with modern updates. The spacious L shaped kitchen and dining area create a welcoming gathering space, while the beautiful-wooded family room offers a cozy place to relax. The 3- season sunroom on back porch, overlooks the 16x32 inground pool, providing the perfect spot to enjoy the property throughout the seasons. For the business-minded buyer: the property included and established auto repair shop, with a 25-year history. The 30x46 sq ft bay shop features an office, above-ground car lift, and most of the equipment; providing a functional setup for continued operations. Additional improvements include a 4+ detached garage with a room for storage, etc. The property also includes 44x44 horse barn featuring 4 stalls, tack room, hayloft, and chicken coup. With excellent State Road 3 frontage and over 2 acres of land, the property offers a unique combination of residential comfort, business potential, and country-living appeal. Whether you're looking to establish your own operation, enjoy a private mini-farm, or simply take advantage of the property's exceptional location and improvements, this is one-of-a-kind property has endless possibilities!
For Sale or Lease. Prime commercial warehouse opportunity at 3040 South Commerce Dr. in New Castle, Indiana. This approximately 30,000+/- square-foot industrial property is currently configured with shelving and racking for warehouse, distribution, storage, or inventory operations, with potential for light manufacturing. The facility features 16-foot ceilings, approximately 20-foot column spacing, multiple loading docks, dedicated office space, and a large conference room. Located in one of New Castle’s most accessible industrial parks, the property offers excellent functionality and flexibility for a variety of commercial uses.
Presenting an exceptional commercial leasing opportunity featuring an updated, convenient layout. Situated in a high-traffic area, this well established location offers a proven track record of business success and brand exposure. The interior features an open main room currently used for church services. Beyond the main room are multiple private rooms, a kitchenette, and collaborative meeting areas. Ample on-site parking for staff and clientele offers the flexibility and visibility needed to support a wide variety of business ventures.
Prime Downtown Commercial Opportunity – 1332 Broad Street Discover an exceptional opportunity in the heart of downtown at 1332 Broad Street, featuring approximately 3,800+/- square feet of main-floor commercial space with additional upstairs space offering excellent potential for remodeling, expansion, or residential use. This versatile storefront property has a rich commercial history, having previously operated as a shoe store with upstairs offices and later as an office supply business. Its prominent location directly on State Road 38 (Broad Street) provides exceptional visibility and a high traffic count, putting your business right in the center of downtown activity. The main floor offers an open and flexible layout suitable for a wide variety of businesses, while the upstairs area provides valuable additional space that could be renovated for offices, additional commercial use, or residential applications. Approximately 3,800+/- square feet of main-floor space Additional upstairs space with expansion/remodeling potential Two large storefront display windows providing excellent visibility High-traffic location directly on State Road 38 Located in the heart of downtown High-efficiency boiler heat Central air conditioning Flexible commercial and potential residential applications Strong opportunity for an owner-occupant, investor, or business looking to establish a prominent downtown presence With its historic commercial use, substantial square footage, excellent visibility, and adaptable upstairs space, 1332 Broad Street is an exciting opportunity to bring your business vision to life and grow in the heart of downtown.
If you're looking for a commercial location that has proven, consistent traffic this 5011 square foot building is a great option. Highlights include ample (paved) parking, and a newer roof, paint, and furnace. The expansive showroom offers multiple possibilities for future businesses. There is a sizable storage room with overhead door located at the back of the building. Two more storage rooms and a bathroom complete the space. Look no further for an affordable move-in ready option for your business!
Position your business for success with this outstanding commercial opportunity in a high-visibility, high-traffic location in New Castle. Offering excellent accessibility and strong exposure, this property has been home to a successful retail business for over 30 years and is now available as the owner prepares for retirement. The building offers approximately 1,925 square feet of versatile space, ample on-site parking, detached garage, and a .61 acre lot providing flexibility for a variety of business needs. Whether you're looking to relocate an existing business, launch a new venture, or invest in commercial real estate, this property offers endless potential. Ideal for retail, professional offices, insurance agencies, salons, boutiques, medical or wellness services, continue as a consignment shop and many other commercial uses, the flexible layout can be adapted to fit your vision. Why continue leasing when you can build equity by owning your own commercial space? If your business doesn't require the entire building, the layout also presents the opportunity to lease a portion of the space for additional income. With its established commercial presence, excellent visibility, and versatile floor plan, this is an exceptional opportunity to invest in your business and your future.
Exceptional opportunity to acquire a 78,000± square-foot industrial/ manufacturing facility located in the Henry County Industrial Park in New Castle. Situated on 20+ acres, this well-maintained property offers ample room for current operations and future expansion. The facility features approximately 2,000± square feet of office space, providing an efficient administrative area while maximizing manufacturing and warehouse operations. With 16-foot clear ceiling heights and four convenient loading docks, the building is well-suited for manufacturing, warehousing, distribution, fabrication, or other industrial uses. The expansive site provides abundant parking, outdoor storage potential, and significant acreage for future growth or additional development. Located in a well-established industrial park, the property benefits from excellent access for commercial transportation and logistics. New Castle is known for its dependable, skilled workforce and business-friendly environment, making this an ideal location for companies seeking to expand or relocate their operations.
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.
Investor Opportunity in Downtown New Castle! Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income. Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization. With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market. Schedule your showing today and bring this investment Home!
This 44+/- 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.
Opportunity awaits with this well-located, former church property right in the center of New Castle. Situated in an established neighborhood, this distinctive, 5,844 sq ft building offers a versatile layout to fit a variety of needs. On the main level, the property features a large foyer entry with public restrooms. The foyer leads into the spacious sanctuary with vaulted ceilings and original stained glass windows. There is also a sound booth with a sound system included. Two additional rooms on the main level offer potential classroom, office, or storage options. On the lower level, you'll find a great room perfect for entertainment and gatherings conveniently located by the impressive, fully operational kitchen and two additional public restroom areas. The remaining 3 rooms would work great for office space, classrooms, or other needs. Outdoors, the property is a total of 1.22 acres with a large front yard, detached garage, covered drop off area, and private parking lot with +/- 38 spaces. The personal property in the facility is all included in the sale.
Historic presence, bold scale, and the kind of opportunity that rarely comes along, this standout New Castle property delivers it all. Built in 1847 by Mason Livezey for the Eli Murphy family, this two-story structure offers over 4,100 square feet and sits on a hard to find 0.75 acre lot right in the heart of town. From the moment you arrive, the architectural character makes an impression-timeless, substantial, and ready for its next chapter. The heavy lifting has already been done, giving you a strong head start. All five chimneys have been completely rebuilt, a new roof with slate look shingles adds both durability and style, and fresh interior and exterior paint create a clean, refreshed feel throughout. New flooring has been installed, along with new shutters and soffit, while the columns have been reworked to ensure long-term structural integrity, preserving the look while strengthening the foundation for what comes next. And then there’s the feature that truly sets this property apart, its dedicated parking lot. In a downtown setting where parking is often limited, this is a rare and valuable asset that adds everyday convenience and long-term appeal. With its size, history, and extensive updates already in place, this property offers the kind of flexibility and presence that invites creativity. Whether you're envisioning a residential restoration, a business venture, or a blend of both, this is a space with stories behind it, and plenty more waiting to be written.
Downtown New Castle opportunity with a major advantage: 1214 Broad Street is NOW OFFERED WITH AN EXISTING LIQUOR LICENSE, subject to Indiana Alcohol & Tobacco Commission approval and transfer requirements. Formerly Town Tavern, the main level retains its original bar and offers a strong start for a restaurant, bar, entertainment, or other qualifying hospitality concept. Improvements include a new roof, first-floor HVAC, updated storefront windows, and exterior doors. The attached parking lot adds convenience in the downtown corridor, while unfinished second and third floors create additional redevelopment potential, subject to zoning and approvals. For an entrepreneur seeking a recognizable location with existing bar infrastructure and an alcohol permit opportunity, this property stands apart!
Well-maintained 4,800SF professional medical office situated on 1.623 acres along high visibility S Spiceland Rd in New Castle. Built in 1997, this single story building offers a functional medical layout, ample paved parking, and strong road frontage. ideal for medical, dental, or professional office.
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.
