Skip To Content

1507 S Memorial Drive

New Castle, IN 47362
  • $550,000
  • STATUS: Active
  • ON SITE: 264 Days
  • MLS #: 202102594
UPDATED: 58 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.

Monthly Payment Calculator



© 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 The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-18T14:28:06.77.

www.hillteamllc.com/homes/113631418
Print Image

1507 S Memorial Drive New Castle, IN 47362

  • Price: $550,000
  • Status: Active
  • Updated: 58 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 The Hill Team | Keller Williams Capital 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 The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-18T14:28:06.77.

 
https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_1_202102594-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_1_202102594-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_1_202102594-2.jpg
Logo
The Hill Team | Keller Williams Capital Realty
4424 Vogel Road Suite 300
Evansville IN, 47715