1709 Memorial DrNew Castle, IN 47362

Property Details for 1709 Memorial Dr

Year built

1964

Construction

WOOD

Lot size

7.40 AC

Property size (Sq ft)

76,904 SF

Property type

Commercial real estate

APN

33-12-21-220-171.000-016

APU

331221220171000016

Description

This exceptional 10,000-square-foot retail space is situated in a thriving Henry County, Indiana shopping center at 1709 S Memorial Dr, New Castle, IN 47362. Built in 1975, this single-tenant property boasts a prime location with a 50-foot storefront and 200-foot depth, offering significant flexibility for various retail or restaurant concepts. The space features a wide-open front area, multiple offices, an IT room, an electrical room, and separate men's and women's restrooms, including ADA-compliant stalls. Ample customer parking is available, with additional space behind the building ideal for deliveries. The owner is open to expanding the rear area for additional parking if needed. Benefit from prominent signage opportunities on both the storefront and Memorial Drive, a major thoroughfare with nearly 23,000 cars passing daily. This property is part of a successful shopping center anchored by well-known tenants such as Harbor Freight Tools, Goodwill, Buffalo Wild Wings, and Family Dollar, ensuring high visibility and foot traffic. The surrounding area boasts a population of almost 18,000, with an average household income of $46,925, presenting a strong consumer base. The total building size is 75,576 square feet, with this 10,000 square foot space currently available. This presents a unique opportunity to establish a successful business in a high-demand location.

Location Insight

City

New Castle

County

Henry

State

Indiana

Latitude

39.9153

Longitude

-85.3859

CBSA code

35220

CBSA name

NEW CASTLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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