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Listed by Krista Gibson • RE/MAX First Integrity • Cell: 765-524-4013
$ 575,000
Est. payment /mo
Active
1214 Broad ST New Castle, IN 47362-4509
3 Baths
0.4 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202610183
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,368
Tax Year 2025
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 101X167
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!
Location
State IN
County Henry County
Rooms
Basement Full, Unfinished
Interior
Heating Gas, Forced Air
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Asphalt, Parking Lot, On Street
Fence None
Waterfront Description None
View Y/N true
Total Parking Spaces 20
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 33-12-10-430-330.000-016
Acceptable Financing IRM202610183
Listing Terms IRM202610183
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202610183
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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