1338 Broad Street

$254,900
For Sale

202049616

Property ID

7520 SqFt

Size

Description

Are you looking for a high traffic count, high visibility location? This established corner location in downtown New Castle offers 12,000+ square feet of usable space. This historic building in downtown New Castle has unlimited potential! New Castle’s downtown is revitalized with many entrepreneurs choosing to locate their business downtown. Restaurants, retail, housing and community space are located in every direction, as well as a newly renovated plaza with event space and ample parking located on the adjacent corner. The city has placed a strong emphasis in downtown development and in developing community events focus on downtown: farmer’s market, music events arts park events, car shows, and special seasonal events. A former functioning bank could easily be converted in retail space on main level and there is plenty of space for offices and storage. The square footage and layout make it very conducive to cooperative space sharing. Agent Remarks: Seller option for usage of sign located on Fleming and 14th Streets.

Additional Features and Details:

  • PROPERTY TYPE Building and Land
  • STATUS Active
  • MLS # 202049616
  • 1338 Broad Street
  • SALE PRICE $254,900
  • LEASE AVAILABLE No
  • CURRENTLY LEASED? NO
  • LEASE TERM N/A
  • AREA Henry County
  • BUSINESS NAME Previously Main Source Bank
  • PARCEL ID
  • TYPE Building and land
  • DIRECTIONS State Rd 3 & State Rd 38: Take 38 East to property on corner of Broad Street and 14th
  • REMARKS Are you looking for a high traffic count, high visibility location? This established corner location in downtown New Castle offers 12,000+ square feet of usable space. This historic building in downtown New Castle has unlimited potential! New Castle’s downtown is revitalized with many entrepreneurs choosing to locate their business downtown. Restaurants, retail, housing and community space are located in every direction, as well as a newly renovated plaza with event space and ample parking located on the adjacent corner. The city has placed a strong emphasis in downtown development and in developing community events focus on downtown: farmer’s market, music events arts park events, car shows, and special seasonal events. A former functioning bank could easily be converted in retail space on main level and there is plenty of space for offices and storage. The square footage and layout make it very conducive to cooperative space sharing. Agent Remarks: Seller option for usage of sign located on Fleming and 14th Streets.
  • PRESENT USE Vacate
  • PROPERTY USE Vacant-Best for Owner/Usr
  • SALE INCLUDE Building, Land
  • SPECIAL FEATURES 220 Volts, 440 Volts, Freight Elevator, Passenger Elevator, Basement, Office Space, Public Restrooms
  • APPROX LOT SIZE 6447
  • TOTAL AG SqFt 7520
  • ABOVE GRD SqFt 7520
  • BELOW GRD SqFt 4485
  • FIN OFFICE SqFt 7520
  • BASEMENT Full
  • ANNUAL TAXES $5098
  • YEAR TAXES PAID 3030
  • ACRES 0.1480
  • LOT DIM 39X165
  • INTERIOR HGT 8 ft – 20 ft
  • CEILING HGT 8 ft – 20 ft
  • BUILT 1923
  • # STORIES 2
  • BASEMENT/FOUNDATION Finished, Full Basement
  • HEATING/FUEL Electric, Gas, Forced Air
  • COOLING Central Air
  • ROOF MATERIAL Rolled, Rubber
  • FLOORING Carpet, Finished, Mixed, Parquet, Stone
  • PARKING Lot, Street
  • EXTERIOR Stone
  • FIRE PROTECTION City
  • INTERIOR WALLS Block, Concrete
  • INTERNAL ROOMS Kitchen, Office, Storage, Workroom
  • WATER FEATURES None
  • FENCE None
  • WATER UTILITY City
  • SEWER City
  • EXISTING FINANCING Clear
  • PROPOSED FINANCING Cash, Conventional
  • DOCUMENTS AVAILABLE Aerial Photo
  • PUBLIC UTILITIES Electric Hook-Up, Gas Hook-Up, Mun. Sewer to Site
  • LOCATION City
  • RESTRICTIONS None
  • PARCEL DESCRIPTION Corner, 0-2.9999
  • SEA WALL TYPE None
  • LISTING COURTESY OF Susan Neal, Cell: 765-524-5585
  • LISTING OFFICE: ERA Integrity Office – MAIN:  765-529-2211

Address

Address: 1338 Broad St
  • Country: United States
  • Postal code / ZIP: 47362
Open on Google Maps
  • Property ID 202049616
  • Price $254,900
  • Property Type Commercial
  • Property status For Sale
  • Year Built 1923
  • Size 7520 SqFt
  • Land area 6447 SqFt

File Attachments

1338-Broad-St-MLS.pdf Download

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