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$550,000 (Pending)

1507 S Memorial Drive New Castle, IN  47362

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. Walking into the building you will instantly see the potential of this property. 10"+ vaulted ceilings. Large open concept. Bar area that can be sectioned of to be separate from the seating area. Huge back rom area that has the capacity to host company banquets. Public restrooms. Kitchen area has ben 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.
Address:1507 S Memorial Drive New Castle IN 47362
Status:Pending
on site: 58 days
Price:$550,000
Bathrooms:0
Year Built:1980
Lot Size:1.05
County: Henry
Township: Henry
MLS #:21840937
Property Type:Retail

Lot Dimensions:45738
Zoning:comm
Building Utilities:Sewer, Water
Directions:3 & 70 - North on SR 3 to property on the west.
Loan Price
$3,756
Price And Interest $2,869/month
Property Tax $658/month
MTG INS $0/month
HOME INS $229/month
Price
$550,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$658/month
Home Owner Insurance
$2,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$3,947
Tax Year:2022
Financial Disclosures:Not Applicable
Other Disclosures:None
Mandatory HOA Fee:$
Area: 3307 - Henry - Henry
Zip Code:47362
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Scott Lightfoot with ERA Integrity

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for 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 broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.