See all 28 photos
28 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Susan Neal • RE/MAX First Integrity • Office: 765-529-2211
$2,600,000
Est. payment /mo
5 Baths
9.79 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202641847
HOA Y/N No
Year Built 1947
Annual Tax Amount $19,000
Tax Year 2025
Lot Size 9.790 Acres
Acres 9.79
Lot Dimensions 9.79A
Property Sub-Type Mixed Use
Property Description
PRIME COMMERCIAL OPPORTUNITY – NEARLY 10 ACRES IN A HIGH-VISIBILITY NEW CASTLE LOCATION! Exceptional opportunity to acquire approximately 9.78 acres of commercially zoned property near the heavily traveled intersection of State Roads 3 and 38 in New Castle, Indiana. This versatile property features an approximately 17,250-square-foot block building, offering expansive open interior space, designated office areas, and flexibility to accommodate a wide range of commercial uses. Currently operating as a gymnastics training facility, the building offers an adaptable layout with four existing overhead doors and the potential for additional overhead door installations. The property also features approximately 120 parking spaces, providing substantial on-site parking for customers, employees, or business operations. Zoned C-2, this property presents opportunities for commercial redevelopment, retail, recreational facilities, professional services, showroom space, or other business ventures, subject to applicable zoning and approvals. The generous acreage, substantial building footprint, extensive parking, and strategic location along New Castle's primary commercial corridor make this an attractive opportunity for investors, developers, and owner-users alike. Whether repurposing the existing building, expanding commercial operations, or exploring future development opportunities, this property offers exceptional flexibility and potential in a desirable commercial location.
Location
State IN
County Henry County
Rooms
Basement Slab
Interior
Heating Gas, Wall Heater
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Parking Lot, Private
Waterfront Description None
View Y/N true
Total Parking Spaces 120
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 33-12-10-330-114.000-016
Acceptable Financing IRM202641847
Listing Terms IRM202641847
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202641847
Read Less Info
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
Nearby Locations
GET MORE INFORMATION