100 S 19th St - Storefront Retail/Residential FOR SALE


New Castle, IN 47362 | 
$129,900 USD
765-521-9464
100 S 19th St, New Castle, IN for Sale
$129,900 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

100 S 19th St
New Castle, IN 47362


HIGHLIGHTS

  • Charming historical property full of potential.
  • Original architectural details.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$129,900 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Speeder Bicycle Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R-2

APN/PARCEL ID

33-12-14-110-186.000-016

ASK ABOUT THIS PROPERTY

Mike McKownF.C. Tucker/CrossroadsMore Info
765-521-9464

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Mike McKownF.C. Tucker/CrossroadsMore Info
765-521-9464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.