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2702 Broad Street New Castle, IN $ 245,000
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$ 245,000 Get more info
2702 Broad Street
$ 245,000
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2702 Broad Street

New Castle, IN, 47362
$ 245,000
Bedrooms-- Baths-- Sq 5,490

Monthly Estimate*

$ 1,509

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Commercial Property for sale in New Castle, IN

for $245,000. This 5,490 square foot building was built in 1937 on a lot size of 0.31.

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!

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Commercial Active

Price

$ 245,000

Property Type

Commercial

Taxes

$ 1,048

Style

Multi-Family 5+

Lot Size

0.31

Year Built

1937

Town/City

New Castle

County/Region

Henry

MLS | Web ID

22020995
Features
General
Utilities Cable Available Electricity Connected Gas Nearby Sewer Connected Water Connected
Possession Closing
Roof Asphalt
Zoning 4 to 19 Family Apartments
Construction Materials Block Vinyl Siding
Year Built 1937
Township Henry
Levels Two
Property Subtype Multi-Family 5+
Tax Year 2023
Current Use Apt<20 Vacant See Remarks
Building Name EAST SIDE ADDITION
County Henry
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City New Castle
High School District New Castle Community School Corp
Number Of Units Total 6
MLS Area 3307 - Henry - Henry
Lot Size Square Feet 13416
Middle/Junior High School New Castle Middle School
Standard Status Active
Tax Lot 84-85
Legal Description East Side Add Lots 84 & 85
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Interior
Basement (Y/N) N
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Exterior
Building Area Total 5490
Lot Size Acres 0.31
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* Excluded Features
List By
Steve Lew Real Estate Group, Llc

Broker

steve@listwithlew.com

Email

Affordability Calculator

$1,596
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045027 Elementary School
4046396 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/29/2025 $245,000 -9.26% Price Down
3/20/2025 $270,000 -1.82% Price Down
2/19/2025 $275,000 -1.79% Price Down
2/5/2025 $280,000 Listed Price

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2702 Broad Street, New Castle, IN, 47362 is a Commercial Property for sale at $245,000 with 5,490 sqft and a lot size of 0.31. 2702 Broad Street was built in 1937. The property's zip code is 47362 which is in New Castle, IN

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