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Key Details
Sold Price $160,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202401089
Sold Date 02/29/24
Year Built 1900
Annual Tax Amount $1,502
Tax Year 2023
Lot Size 3,484 Sqft
Property Description
Here is your opportunity to be a part of history by purchasing this iconic building and also take advantage of a growing, thriving, downtown New Castle. With three potential income suites, this is an investment worth making. Admire the originality of the facade with recent preservation and replacement measures taken. There is a recessed entry, display windows, awning, and an attractive second floor facade with separate entrance. The main floor features approx 2,000 square feet, including a large showroom (can be easily expanded), an office/storage space, half bath and basement access. The second income suite has a Fleming Street address/entry, is approx 1,300 square feet, and includes two separate rooms and a half bath. On the second floor, you'll find a third potential income suite that would make a wonderful downtown apartment and features private entry, original woodwork, and 12' ceilings. Updates to this building include the roof, second story windows, electrical, HVAC, facade, and more. Income suite #1 has been operated as a jewelry store for over 100 years. Jewelry display cases and other furniture are for sale separately from the building purchase.
Location
State IN
County Henry County
Area Henry County
Zoning C1 Local Business
Direction St Rd 3 & 38, E on 38, Property on N side of road.
Interior
Flooring Mixed
Appliance Building
Exterior
Waterfront No
Roof Type Rubber
Parking Type street
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Jon Kindred • F.C. Tucker/Crossroads Real Estate