About 1416 Broad Street
Landmark Commercial Property at 1416 Broad Street â 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 spaceâof 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 Plazaâone of Newcastleâs most frequented community hubsâthis 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 endlessâideal 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 youâre 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. Donât miss out on this rare chance to revive and reinvent a true community landmark.
Features of 1416 Broad Street
| MLS® # | 202336981 |
|---|---|
| Price | $289,900 |
| Bathrooms | 12.00 |
| Square Footage | 47,698 |
| Acres | 1.10 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Other/Unknown |
| Status | Active |
Community Information
| Address | 1416 Broad Street |
|---|---|
| Subdivision | None |
| City | New Castle |
| County | Henry County |
| State | IN |
| Zip Code | 47362 |
Amenities
| Features | Freight Elevator, Passenger Elevator, Basement, Display Room, Display Window(s), Office Space, Public Restrooms |
|---|---|
| Parking | Lot |
| Is Waterfront | No |
Interior
| Interior | Block, Drywall |
|---|---|
| Heating | Gas |
| Cooling | Central Air |
| # of Stories | 4 |
| Basement | Full Basement |
Exterior
| Exterior | Brick, Stone |
|---|---|
| Roof | Rubber |
| Construction | No |
Additional Information
| Days on Market | 887 |
|---|---|
| Zoning | C2 General Business |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mike Mckown |
|---|---|
| Office | F.C. Tucker/Crossroads Real Estate |
| Contact Info | Cell: 765-524-3018 |
