New Castle, IN 47362 1214 Broad Street

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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

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, its 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.
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
DOM54
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

Associate
Price $775,000
MLS#202610183
List Date 03/26/2026
Property Type Commercial
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