Listing courtesy of RE/MAX First Integrity · Listing agent: Susan Neal · Office: 765-529-2211

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ActiveRetail

1701 Riley Road

$199,900

$103.79 / sq ft

New Castle, IN 47362-1865

  • Basement
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Bathrooms
1
Lot
0.61 ac
Year built
1929
Type
Retail
Listed
September 4, 2026
MLS #
202636545

About this home

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.

Property details

Interior

Stories
1
Finished area above grade
1,926 sq ft
Basement
Partial, Slab
Flooring
Carpet
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Vinyl Siding
Roof
Shingle
Parking
Asphalt, Parking Lot
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.61 ac
Lot dimensions
85X312
Location type
City
County
Henry County
Township
Henry
Current use
Retail
Road frontage
City Street
Lots
8
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Taxes & terms

Annual taxes
$1,922
Tax year
2025
Tax abatement
No
Possession
Negotiable
Parcel number
33-12-26-110-110.000-016

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer
Electric provider
Duke Energy Indiana
Gas provider
CenterPoint Energy
Water provider
New Castle Utility

Income & commercial

Water meters
1
Ceiling height
9'

Location

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