# 2702 Broad Street, New Castle, IN 47362

> **TL;DR:** commercial, $175,000 ($32/sqft), 5,490 sqft. Est. $758/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $175,000 |
| Price/sqft | $32 |
| Square Feet | 5,490 |
| Lot Size | 13,504 sqft (0.31 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 19 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $758 |
| **Total** | **$758** |

## Nearby Schools

- **Middle:** New Castle Middle School

## Property Highlights

- 0.31 acre lot

## Description

### Agent Description
Investor Opportunity in Downtown New Castle!  Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income.        Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization.        With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market.        Schedule your showing today and bring this investment Home!

## Location

- **Address:** 2702 Broad Street, New Castle, IN 47362
- **County:** Henry
- **Coordinates:** 39.929163, -85.351229
- **Google Maps:** https://www.google.com/maps?q=39.929163,-85.351229

## Listing Agent

- **Name:** Jamar Wright
- **Brokerage:** Keller Williams Indpls Metro N
- **Phone:** 3178466300
- **Email:** jamar.wright22@gmail.com

## Primary Photo

![2702 Broad Street - Primary Photo](http://lh.rdcpix.com/01db69ef13fbb682dc0a4a52c34d5492l-f4239902896r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/2702-broad-street-new-castle-in-47362-22101503)*

---

**MLS#:** 22101503 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2702-broad-street-new-castle-in-47362-22101503)

---

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