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235 S Main St
860 - 6,000 SF of Office/Retail Space Available in New Castle, IN 47362
Highlights
- Prime Location - Situated on South Main Street, a central and highly visible location in New Castle.
- Large Display Windows - Expansive front windows provide ample natural light and prime display opportunities to attract customers.
- High Traffic Volume - Benefit from approximately 8,000 cars passing daily, offering excellent exposure for your business.
- Ample Parking - Street parking is available along Main and Church Street, and in the rear of the building, making it easy for your customers.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 860-6,000 SF | 14 ft | 3-10 Years | £11.06 /SF/PA £0.92 /SF/MO £66,364 /PA £5,530 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Pop-Up or Temporary Space
- Open Floor Plan Layout
- Finished Ceilings: 14 ft
- Space In Need of Renovation
- Central Air and Heating
- Fully Carpeted
- Security System
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Natural Light
- Open-Plan
- Display Window
- Wheelchair Accessible
- Over 5000 vehicles per day
- Massive storefront windows
- Prime location
- Attached parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 235 S Main St, New Castle, IN 47362
- Tenant
- Description
- US Locations
- Reach
- Abundant Life Clinic of Chiropractic
- Health Care and Social Assistance
- -
- -
- Salora Day Spa
- Service type
- -
- -
| Tenant | Description | US Locations | Reach |
| Abundant Life Clinic of Chiropractic | Health Care and Social Assistance | - | - |
| Salora Day Spa | Service type | - | - |
PROPERTY FACTS FOR 235 S Main St , New Castle, IN 47362
| Min. Divisible | 860 SF | Gross Internal Area | 9,283 SF |
| Property Type | Retail | Year Built/Renovated | 1945/2024 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.23/1,000 SF |
| Min. Divisible | 860 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 9,283 SF |
| Year Built/Renovated | 1945/2024 |
| Parking Ratio | 3.23/1,000 SF |
About the Property
Welcome to a historic retail opportunity in the heart of New Castle, Indiana! Located at 235 South Main Street, this iconic building was originally constructed in 1945 as a Kroger grocery store. Following its tenure as a Kroger, the property housed Brammer Jacob's Furniture until the early 2000s and has since seen various retail occupants, including A Moment in Time Bridal. Property Highlights: Prime Location: Situated on South Main Street, a central and highly visible location in New Castle. High Traffic Volume: Benefit from approximately 8,000 cars passing daily, offering excellent exposure for your business. Historic Charm: Retaining architectural elements from its storied past, the building offers a unique and inviting atmosphere for any business. Versatile Space: Ideal for a variety of retail uses, this space can be customized to fit your business needs. Large Display Windows: Expansive front windows provide ample natural light and prime display opportunities to attract customers. Ample Parking: Street parking available along Main and Church Street, a 10,000 sq ft parking lot in the rear, and additional parking options in the surrounding area ensure easy access for customers. Thriving Community: The rear of the building is currently occupied by Abundant Life Clinic of Chiropractic and Salora Day Spa, creating a bustling environment focused on well-being and community. This is a rare opportunity to become part of New Castle’s rich commercial history while positioning your business in a growing wellness-centric community. Don’t miss the chance to lease this prime retail space!
- Corner Lot
- Property Manager on Site
- Security System
- Signage
- Wheelchair Accessible
- Fiber Optic Internet
Nearby Major Retailers
Contact
-
Research In Progress - Research In Progress
Presented by
Research In Progress
235 S Main St
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