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517 New York Avenue, New Castle, IN 47362

Henry County

Key Facts

20,000Sq Ft
1995Year Built
2.42Lot (acres)
1Stories

Description

Versatile Commercial Space for lease. Divisible square footage of flexible-use commercial space, ideal for office, medical, professional services, or light industrial operations. Located just off SR 3, this property offers excellent visibility, easy access, and a professional setting suited for a wide range of businesses. Property Highlights: * Over 20,000 SF available - divisible to suit tenant needs * Landlord can build to suit * 6100 SF of warehouse space with 4 shared loading dock * 19 foot high warehouse ceilings * Open floor plans with flexible build-out options * Ample on-site parking for staff and clients * Zoned for office, medical, light industrial, and professional use * Convenient location just minutes from I-70 and nearby amenities Whether you're expanding, relocating, or launching a new location, this adaptable space is ready to support your business.

Property Information

Property Type

Commercial Lease

Sub-Type

Office

Year Built

1995

Stories

1

Living Area

20,000 sq ft

Lot Size

2.42 acres

Zoning

c1

Days on Market

363

MLS® Listing#

22048428

Property Features

Parking

Common

Utilities

Water ConnectedSewer Connected

Financial Details

Parcel Number

331210340111000016

Directions

GPS Friendly

Affordability Calculator

$3

Estimated monthly payment

$0/mo

Principal $10 · Est. interest $15 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in New Castle, IN

$291,620
Median Listing Price
47
Median Days on Market
1,656
Median Sq Ft
$165
Median Price / Sq Ft
335
Active Listings
  • This home’s price is 100% below the area median.
  • Its price per sq ft is 100% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in New Castle, IN.

Location

Map showing the location of 517 New York Avenue, New Castle, IN 47362

Points of Interest in New Castle, IN

Showing the New Castle area map.

Nearby Schools

  • Greenstreet Elementary School

    Elementary · 0.5 mi away

  • New Castle Community School

    School · 0.6 mi away

  • Wilbur Wright Elementary School

    Elementary · 1.0 mi away

  • Eastwood Elementary School

    Elementary · 1.4 mi away

  • New Castle Community School

    School · 1.4 mi away

  • Parker Elementary School

    Elementary · 1.5 mi away

  • New Castle Middle School

    Secondary · 1.5 mi away

  • New Castle Community School

    Elementary · 1.5 mi away

  • New Castle CHRYSLER High School

    Secondary · 1.6 mi away

  • I C A P Headstart

    Elementary · 1.6 mi away

  • Sunnyside Elementary School

    Elementary · 2.1 mi away

  • Westwood Elementary School

    Elementary · 2.3 mi away

  • James Whitcomb Riley Elementary School

    Elementary · 2.3 mi away

  • Blue River Valley Elementary School

    Elementary · 5.2 mi away

  • Blue River Valley Schools Band Department

    Secondary · 5.3 mi away

  • Tri-Elementary School

    Elementary · 7.1 mi away

  • Tri Junior-Senior High School

    Secondary · 7.2 mi away

  • Schools South Henry School

    School · 7.5 mi away

  • Kennard Elementary School

    Elementary · 7.8 mi away

  • Shenandoah High School

    Secondary · 9.2 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
503 New York Avenue, New Castle, IN$13/sqft——26,100
519 New York Avenue, New Castle, IN$13/sqft——20,000
821 Mount Tabor Road 3rd Floor, New Albany, IN$14/sqft——18,294

Moving Cost Estimate

EXIT Agents in New Castle

Listing Courtesy: RE/MAX First Integrity - susan@susanfalckneal.com

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Last Updated: 2025-07-02

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Data provided by MIBOR. MLS® Listing#22048428. © 2026EXIT Realty®. All rights reserved.