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Luxury Keys
1214 Broad Street, New Castle, IN 47362
- $575,000
- 11,628
- SqFt
- List Price
- $575,000
- Price Change
- ▼ $100,000 1790901138
- MLS#
- 22091600
- Property Type
- Commercial Sale
- Sqft. of Residence
- 11,628
- Year Built
- 1900
- Days on Market
- 201
- Status
- ACTIVE
Property Description
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!
Additional Information
- Acres
- 0.40
- Financing
- Conventional
- Region
- Henry
Listing courtesy of Krista Gibson. RE/MAX First Integrity
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.