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    1507 S Memorial Drive

    New Castle, IN 47362
    • $550,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 202102594
    UPDATED: 12 min ago
    $550,000
    • 0
      BEDS
    • 1.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,288
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    Description

    Excellent business opportunity with a prime location on heavily traveled State Road 3. This listing is right on the main highway running through New Castle with substantial traffic flow. This commercial listing features a huge, lighted parking lot that is exclusively for the business. 10"+ vaulted ceilings. Large open concept. Bar area that can be sectioned off to be separate from the seating area. Huge back room area that has the capacity to host company banquets. Public restrooms. Kitchen area has been well kept and thoroughly cleaned with 2 walk in freezers and a storage area. This area also includes an isolated manager's office off of the kitchen. Large deck on the back side of the building allows for outdoor seating or holding entertainment services.

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2021-02-25T19:27:49.82.

    www.parkerteamhomes.com/homes/113631418
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    1507 S Memorial Drive New Castle, IN 47362

    • Price: $550,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 202102594
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.05
    Acres
    4,288
    SQFT
    $128
    $/SQFT
    1976
    Built
    Neighborhood:
    None
    County:
    Henry
    Area:
    Henry
    Property Description
    Excellent business opportunity with a prime location on heavily traveled State Road 3. This listing is right on the main highway running through New Castle with substantial traffic flow. This commercial listing features a huge, lighted parking lot that is exclusively for the business. 10"+ vaulted ceilings. Large open concept. Bar area that can be sectioned off to be separate from the seating area. Huge back room area that has the capacity to host company banquets. Public restrooms. Kitchen area has been well kept and thoroughly cleaned with 2 walk in freezers and a storage area. This area also includes an isolated manager's office off of the kitchen. Large deck on the back side of the building allows for outdoor seating or holding entertainment services.
    Exterior Features

    Construction Type1 SteelMetalWood Driveway Asphalt Exterior BrickWood Fire Doors YN Yes Location City Lot Dimensions X Parcel Description 0-2.9999 Parking LotPaved Parking Type Lot Parking YN Yes Road Access State Roof Material Shingle Sea Wall Type None Security Light YN Yes Sign Type Street Sign Pole/Sign Signs YN Yes Waterfront YN No

    Interior Features

    Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 4288 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10' + Column Spacing None Cooling Central Air Flooring CarpetCeramic Tile Heating Fuel ElectricForced Air Interior Height 10' + Interior Walls DrywallWood Internal Rooms KitchenOffice Special Features 440 VoltsSingle PhaseHandicap AccessOffice SpacePublic RestroomsRefrigeration/Freezer Total Restrooms 3

    Property Features

    Annual Taxes 6987 Assessed Value 259400 Auction YN No Buildings 1 Burglar Alarm YN Yes Business Name New Castle Roadhouse Cable Company Comcast Currently Leased YN Yes Documents Available Lbp Form Easements None Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Gas Company Vectren Energy Ingress Egress Asphalt Lease Term Remaining X New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarRestaurant Property Sub Type Restaurant/Bar Property Use Investment Property Proposed Financing CashConventionalVa Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions None Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN Yes Tax Abatement No Township Henry Water Company New Castle Utility Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2020

    Listing courtesy of Scott Lightfoot of Era Integrity Real Estate.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2021-02-25T19:27:49.82.

     
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    Parker Team | Keller Williams Realty
    3298 McCarty Lane Suite A
    Lafayette IN, 47905