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$ 289,900
Est. payment | /mo
1.09 Acres Lot
$ 289,900
Est. payment | /mo
1.09 Acres Lot
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202336981
Year Built 1900
Annual Tax Amount $1,788
Tax Year 2023
Lot Size 1.095 Acres
Property Sub-Type Other/Unknown
Property Description
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.
Location
State IN
County Henry County
Area Henry County
Zoning C2 General Business
Direction 3 & 38, east on 38, property on left.
Interior
Flooring Carpet, Concrete, Stone, Vinyl
Appliance Building
Exterior
Roof Type Rubber
Building
Story 4
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202336981
IDX information provided by the Indiana Regional MLS
Listed by Mike McKown • F.C. Tucker/Crossroads Real Estate • Cell: 765-524-3018
Nearby Locations
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