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1416 Broad St 40,320 SF 100% Leased Office Building New Castle, IN 47362 $289,900 ($7.19/SF)
INVESTMENT HIGHLIGHTS
- Sold "as is"
- Functioning elevators in building
EXECUTIVE SUMMARY
Originally home to Sears & Roebucks, this is a historic building that has long been a staple landmark in our community. This grand structure spans an impressive 40,000 square feet, with 25,000 square feet thoughtfully finished for office space.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
40,320 SF
Building Class
C
Year Built
1920
Price
$289,900
Price Per SF
$7.19
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,000 SF
Building FAR
0.85
Lot Size
1.09 AC
Zoning
Commercial - Commercial
Parking
75 Spaces (1.84 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 33-12-10-440-250.000-016 | Improvements Assessment | $47,200 |
| Land Assessment | $16,200 | Total Assessment | $63,400 |
PROPERTY TAXES
Parcel Number
33-12-10-440-250.000-016
Land Assessment
$16,200
Improvements Assessment
$47,200
Total Assessment
$63,400
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1416 Broad St
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