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Listed by RE/MAX First Integrity
$675,000
Est. payment /mo
3 Baths
0.4 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202610183
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,368
Tax Year 2025
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 101X167
Property Sub-Type Restaurant
Property Description
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, it's 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.
Location
State IN
Rooms
Basement Full, Unfinished
Interior
Heating Gas, Forced Air
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Asphalt, Parking Lot, On Street
Fence None
Waterfront Description None
View Y/N true
Total Parking Spaces 20
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 33-12-10-430-330.000-016
Acceptable Financing IRM202610183
Listing Terms IRM202610183
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202610183
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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