1416 Broad Street, New Castle, IN 47362
sale
$199,900
|
Other
Courtesy Of Crossroads Real Estate Management LLC
Landmark Commercial Property at 1416 Broad Street - 40,000+ Sq Ft of Opportunity. Welcome to 1416 Broad Street, a grand commercial structure that has long stood as a cornerstone of the Newcastle community. Originally home to Sears and Robuck, this impressive building boasts over 40,000 square feet of space-of which 27,000 square feet is currently laid out for office use. This is a rare opportunity to own a truly iconic property in the heart of town. Directly across from the bustling 1400 Plaza-one of Newcastle's most frequented community hubs-this location benefits from steady visibility and foot traffic. Recent updates to the structure and roof, along with a complete interior clean-out, have revealed the full scope and potential of the space. With its solid construction, elevators, generous square footage, and prime location, the possibilities are endless-ideal for office suites, retail redevelopment, co-working spaces, or a mixed-use conversion. Now offered at a newly reduced price, this property is positioned to attract even the most discerning investors and entrepreneurs. Whether you're looking to restore a piece of Newcastle history or reimagine it for modern use, 1416 Broad Street offers the space, stature, and setting to bring your vision to life. Don't miss out on this rare chance to revive and reinvent a true community landmark.
Read More About This Property
Read Less About This Property
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floor Covering: Stone
- Legal Description: ORIG PLAT E 23' LOT 6 & W 40' LOT 7 BLK 8 ORIG PLAT PT LOTS 7 & 8 BLK 8 ORIG PLAT E1/2 LOT 8 BLK 8 APPROXIMATELY .517 ACRES OF 1410 FLEMING ST NEW CASTLE, IN 47362 ORIG PLAT LOTS 1, 2, & 3 BLK 8 TO BE SURVEYED. STARTING IN THE SOUTH-EAST CORNER, NORTH 132', WEST 172', SOUTH 132', EAST 172' TO THE POINT OF BEGINNING.
- MLSID: 202336981
- Roof Type: Rubber
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
