16
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Listed by Michael McKown • F.C. Tucker/Crossroads
$289,900
Est. payment /mo
30,240 SqFt
Active
1416 Broad ST New Castle, IN 47362
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 30,240 sqft
Price per Sqft $9
Subdivision No Subdivision
MLS Listing ID 21947082
Year Built 1900
Tax Year 2023
Lot Size 1.090 Acres
Acres 1.09
Property Sub-Type Mixed Use
Property Description
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.
Location
State IN
County Henry
Zoning COMMERCIAL
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
New Construction false
New Construction false
Schools
School District New Castle Community School Corp
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Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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