The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304

New Castle, IN 47362 1214 Broad Street

$575,000

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Presented By: Krista Gibson with RE/MAX First Integrity; Cell: 765-524-4013
  • MLS# 202610183
  • 03/26/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 3
  • SQFT • 11,628

Home Details

Downtown New Castle opportunity with a major advantage: 1214 Broad Street is NOW OFFERED WITH AN EXISTING LIQUOR LICENSE, subject to Indiana Alcohol & Tobacco Commission approval and transfer requirements. Formerly Town Tavern, the main level retains its original bar and offers a strong start for a restaurant, bar, entertainment, or other qualifying hospitality concept. Improvements include a new roof, first-floor HVAC, updated storefront windows, and exterior doors. The attached parking lot adds convenience in the downtown corridor, while unfinished second and third floors create additional redevelopment potential, subject to zoning and approvals. For an entrepreneur seeking a recognizable location with existing bar infrastructure and an alcohol permit opportunity, this property stands apart!
Presented By: Krista Gibson with RE/MAX First Integrity; Cell: 765-524-4013

Interior Features for 1214 Broad Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NNo
Interior Heightx
Smoke/Fire Alarm Y/NNo
Water Heater Y/NNo
FIRE PROTECTIONCity
Equipment Y/NNo
Basement/FoundationFull Basement, Unfinished
FlooringConcrete, Wood
WallsUnfinished, Other

General for 1214 Broad Street

# of Buildings1
Age126
Agent First NameKrista
Agent Last NameGibson
Annual Taxes3368.92
AreaHenry County
Associated Document Count1
Auction Y/NNo
Bathrooms3
Ceiling Heightx
CityNew Castle
ClassCOMMERCIAL
CoolingCentral Air
DOM223
FIPS Code18065
HeatingGas, Forced Air
Legal DescriptionORIG PLAT LOT 6 & W 20' LOT 7 BLK 6
LocationCity
Lot Number67
New ConstructionNo
PROPOSED FINANCINGCash, Conventional
ParkingYes
ParkingLot, Street
Present UseVacant-Best for Owner/Usr
REONo
RestrictionsNone
RoofFlat
SewerCity
Special Features220 Volts, Basement, Display Window(s)
StatusActive
StatusActive
Status Detail0
Stories Count3
SubdivisionNone
Tax Year2025
TownshipHenry
TypeRestaurant/Bar
Virtual TourClick here
Year Built1900

Exterior for 1214 Broad Street

Approx. Lot Size Acres0.4
Construction Type 1Brick
DrivewayAsphalt
ExteriorBrick
FenceNone
Ingress/EgressNone
Lot Dimensions101X167
Lot Size Area17206
Number of Parking Spaces20
Parking Typelot
Road AccessCity
Security Light Y/NNo
Sprinkler System Y/NNo
Water FeaturesNone
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Broker / Auctioneer
Price $575,000
MLS#202610183
List Date 03/26/2026
Property Type Commercial
Phone (765) 744-9500
Get pre-approved
Request Tour
Request Info
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