Downtown New Castle opportunity with a major advantage: 1214 Broad Street is NOW OFFERED WITH AN EXISTING LIQUOR LICENSE, subject to Indiana Alcohol & Tobacco Commission approval and transfer requirements. Formerly Town Tavern, the main level retains its original bar and offers a strong start for a restaurant, bar, entertainment, or other qualifying hospitality concept. Improvements include a new roof, first-floor HVAC, updated storefront windows, and exterior doors. The attached parking lot adds convenience in the downtown corridor, while unfinished second and third floors create additional redevelopment potential, subject to zoning and approvals. For an entrepreneur seeking a recognizable location with existing bar infrastructure and an alcohol permit opportunity, this property stands apart!

IDX information provided by the Indiana Regional MLS. Data was last updated on this website at October 6, 2026 11:59 PM UTC. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Name

Your Email Address

Phone

Message Send me the deed for 1214 Broad Street New Castle IN 47362 (ID#:202610183)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 1214 Broad Street New Castle IN 47362 (ID#:202610183)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 1214 Broad Street New Castle IN 47362 (ID#:202610183)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details of 1214 Broad Street

Map Location

Driving Directions

Extra Sharp Cheddar

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

Property Details of 1214 Broad Street

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Extra Sharp Cheddar