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$ 675,000
Est. payment /mo
Price Dropped by $100K
1214 Broad Street New Castle, IN 47362-4509
0.4 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202610183
Year Built 1900
Annual Tax Amount $3,368
Tax Year 2025
Lot Size 0.400 Acres
Property Sub-Type Restaurant/Bar
Property Description
Step into a true transformation opportunity at 1214 Broad Street, planted right in the center of downtown New Castle, where every great revitalization story begins. This former Town Tavern space delivers instant character with its original bar anchoring the main level, creating a natural focal point for a reimagined hospitality concept, retail experience, or hybrid venue. Behind the scenes, the heavy lifting has already started with a new roof, new first-floor HVAC system, and updated storefront windows and exterior doors, giving you a strong foundation to build on. What truly sets this property apart is its attached parking lot - an uncommon advantage in this downtown corridor that adds both function and long-term value. Upstairs, the second and third floors offer unfinished space ready for a complete design vision - think loft-style residences, studio spaces, or income-producing units layered above your main-level concept. This is more than a property, it's a canvas with structure, story, and location already in place. For those with an eye for design and a plan for execution, 1214 Broad Street is ready to be taken from raw potential to a standout destination.
Location
State IN
County Henry County
Area Henry County
Direction GPS Friendly
Interior
Flooring Concrete, Wood
Appliance Building, Land
Laundry , 20
Exterior
Fence None
Roof Type Flat
Total Parking Spaces 20
Building
Story 3
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202610183
IDX information provided by the Indiana Regional MLS
Listed by Krista Gibson • RE/MAX First Integrity • Cell: 765-524-4013
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