Address
1701 Riley Road, New Castle, IN
Price
$ 199,900
Property Attributes
- MLS#202636545
- TypeCommercial
- Listing Status Active
- CountyHENRY
- CityNew Castle
- AreaHenry
- Zip47362
- StyleRetail
- Year Built1929
- Taxes$ 1922
- Price$ 199,900
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1926
- Lot Size0.61 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
Position your business for success with this outstanding commercial opportunity in a high-visibility, high-traffic location in New Castle. Offering excellent accessibility and strong exposure, this property has been home to a successful retail business for over 30 years and is now available as the owner prepares for retirement. The building offers approximately 1,925 square feet of versatile space, ample on-site parking, detached garage, and a .61 acre lot providing flexibility for a variety of business needs. Whether you're looking to relocate an existing business, launch a new venture, or invest in commercial real estate, this property offers endless potential. Ideal for retail, professional offices, insurance agencies, salons, boutiques, medical or wellness services, continue as a consignment shop and many other commercial uses, the flexible layout can be adapted to fit your vision. Why continue leasing when you can build equity by owning your own commercial space? If your business doesn't require the entire building, the layout also presents the opportunity to lease a portion of the space for additional income. With its established commercial presence, excellent visibility, and versatile floor plan, this is an exceptional opportunity to invest in your business and your future.
| Price History | |
|---|---|
| 9/4/2026 | Listed $199,900 |
General Features
| Heating | Gas,Forced Air |
|---|---|
| Cooling | Central Air |
| Ceiling Height | 9' |
| Roof | Shingle |
| Parking | Yes |
| Sewer | City |
| # of Buildings | 1 |
| Status | Active |
| Bathrooms | 1 |
| Year Built | 1929 |
| Parking | Lot |
| New Construction | No |
| Subdivision | None |
| Stories Count | 1 |
| Township | Henry |
| Class | COMMERCIAL |
| Type | Retail |
| Age | 97 |
| Lot Number | 8 |
| FIPS Code | 18065 |
| Special Features | None |
| REO | No |
| Status | Active |
| Auction Y/N | No |
| Annual Taxes | 1922 |
| Area | Henry County |
| Location | City |
| City | New Castle |
| Legal Description | MURRAYDALE ADD LOT 8 |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202636545 |
| Agent First Name | Susan |
| Agent Last Name | Neal |
| DOM | 19 |
| Tax Year | 2025 |
Interior Features
| Flooring | Carpet |
|---|---|
| Basement/Foundation | Partial Basement,Slab |
| Walls | Drywall |
| Basement Y/N | Yes |
| Burglar Alarm Y/N | No |
| Interior Height | 9' |
| Smoke/Fire Alarm Y/N | No |
| Water Heater Y/N | Yes |
| FIRE PROTECTION | City |
| Equipment Y/N | No |
Exterior Features
| Road Access | City |
|---|---|
| Exterior | Vinyl |
| Driveway | Asphalt |
| Ingress/Egress | Asphalt |
| Lot Size Area | 26528 |
| Lot Dimensions | 85X312 |
| Parking Type | lot |
| Water Features | None |
| Approx. Lot Size Acres | 0.61 |
| Construction Type 1 | stick |
| Security Light Y/N | No |
| Sprinkler System Y/N | No |
| Water Softener Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 23, 2026 2:23 PM UTC
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MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX First Integrity may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 23, 2026 2:21 PM UTC
Richmond Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
