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100 S 19th St
New Castle, IN 47362
Speeder Bicycle Company · Retail Property For Sale
Investment Highlights
- Charming historical property full of potential.
- Original architectural details.
Executive Summary
Located at 100 S. 19th St., this historic property offers a rare opportunity to own a piece of Indiana's rich heritage.
Once home to the Speeder Bicycle Company, which manufactured bicycles and was frequented by the legendary Wilbur Wright, this building holds a legacy of innovation and history. It's also believed to be the birthplace of the snow plow, adding to its unique and storied past. The commercial space exudes character, featuring original fixtures and a second-story, two-bedroom apartment that holds endless potential. In the late 20th century, it became the artist studio and frame shop for Henry County's most successful artists, Verl and Bette Schaeffer.
This building is being sold as-is and requires both structural and cosmetic repairs, but its historic charm and distinctive past provide a perfect canvas for future possibilities. Don't miss the chance to invest in this one-of-a-kind property-one that is poised to create new history for years to come.
Once home to the Speeder Bicycle Company, which manufactured bicycles and was frequented by the legendary Wilbur Wright, this building holds a legacy of innovation and history. It's also believed to be the birthplace of the snow plow, adding to its unique and storied past. The commercial space exudes character, featuring original fixtures and a second-story, two-bedroom apartment that holds endless potential. In the late 20th century, it became the artist studio and frame shop for Henry County's most successful artists, Verl and Bette Schaeffer.
This building is being sold as-is and requires both structural and cosmetic repairs, but its historic charm and distinctive past provide a perfect canvas for future possibilities. Don't miss the chance to invest in this one-of-a-kind property-one that is poised to create new history for years to come.
Property Facts
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
5,579 SF
Building Class
C
Year Built
1900
Price
$129,900
Price Per SF
$23.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
R-2 - Commercial
Frontage
Property Taxes
| Parcel Number | 33-12-14-110-186.000-016 | Improvements Assessment | $35,000 |
| Land Assessment | $22,600 | Total Assessment | $57,600 |
Property Taxes
Parcel Number
33-12-14-110-186.000-016
Land Assessment
$22,600
Improvements Assessment
$35,000
Total Assessment
$57,600
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