1701 Riley Road New Castle, IN $ 199,900
1701 Riley Road
$ 199,900
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1701 Riley Road

New Castle, IN, 47362
$ 199,900
Bedrooms-- Baths1.0 Sq 1,926

Monthly Estimate*

$ 1,262

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Commercial Property for sale in New Castle, IN

for $199,900 with 1 full bath. This 1,926 square foot building was built in 1929 on a lot size of 0.61.

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.

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Commercial Active

Price

$ 199,900

Full Bath

1

Property Type

Commercial

Taxes

$ 1,922

Style

Retail

Lot Size

0.61

Year Built

1929

Town/City

New Castle

County/Region

Henry

MLS | Web ID

202636545

Features
General
Heating Gas Forced Air
Cooling Central Air
Ceiling Height 9'
Roof Shingle
Parking Yes Lot
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 1
Year Built 1929
New Construction No
Subdivision None
Stories Count 1
Township Henry
Class COMMERCIAL
Type Retail
Age 97
Special Features None
REO No
Status Detail 0
Area Henry County
Location City
City New Castle
Legal Description MURRAYDALE ADD LOT 8
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202636545
Agent First Name Susan
Agent Last Name Neal
DOM 0
Tax Year 2025
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Exterior
Road Access City
Exterior Vinyl
Driveway Asphalt
Lot Size Area 26528
Lot Dimensions 85X312
Parking Type lot
Water Features None
Waterfront Y/N No
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Interior
Flooring Carpet
Basement/Foundation Partial Basement Slab
Walls Drywall
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* Excluded Features
List By
Susan Neal

Listing Agent

Re/Max First Integrity

Broker

SFNeal@remax.net

Email

Affordability Calculator

$1,422
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,262
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$199,900 Listed Price

Map


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1701 Riley Road, New Castle, IN, 47362 is a Commercial Property for sale at $199,900 with 1,926 sqft and a lot size of 0.61. 1701 Riley Road has 1.0 baths and was built in 1929. The property's zip code is 47362 which is in New Castle, IN