Active

1701 Riley Road

Retail • 97Y Old
$199,900 Listed 1 month ago
0.61 Acres
Basement
Share
Property Description

Position your business for success with this outstanding commercial opportunity in a high-visibility, high-traffic location in New Castle. Offering excellent accessibility and strong exposure, this property has been home to a successful retail business for over 30 years and is now available as the owner prepares for retirement. The building offers approximately 1,925 square feet of versatile space, ample on-site parking, detached garage, and a .61 acre lot providing flexibility for a variety of business needs. Whether you're looking to relocate an existing business, launch a new venture, or invest in commercial real estate, this property offers endless potential. Ideal for retail, professional offices, insurance agencies, salons, boutiques, medical or wellness services, continue as a consignment shop and many other commercial uses, the flexible layout can be adapted to fit your vision. Why continue leasing when you can build equity by owning your own commercial space? If your business doesn't require the entire building, the layout also presents the opportunity to lease a portion of the space for additional income. With its established commercial presence, excellent visibility, and versatile floor plan, this is an exceptional opportunity to invest in your business and your future.

Directions

GPS Friendly

Property
MLS # 202636545
Date Listed 2026-09-04
Status Active
Property Type Commercial
Property SubType Retail
New Construction No
Type Retail
Basement Yes
Annual Taxes $1,922.00
Year Taxes Payable 2025
Year Built 1929
Virtual Tour propertypanorama.com »
Days on Market 30
Homestead Year No
Room Dimensions
Den 1 × 1926 Level
3rd Bedroom 1 × 1 Level
External Features
Construction Retail
Lot Size 26,528 sq ft
Acreage 0.61 Acres
Lot Dimensions 85X312
Fence None
Location
Area Henry County
County Henry
Subdivision None
Township Henry
City New Castle
State IN
Zip 47362
Financial
Assoc. Dues $0.00
Contact

By submitting this form you agree to be contacted by Ashley Milakis Spencer about your request. Please see our Privacy Policy.

MLS# 202636545
Listing Provided Courtesy of Susan Neal
RE/MAX First Integrity
Office: 765-529-2211

Listing updated September 4, 2026 at 1:00 pm
Last checked 14 minutes ago

IDX information provided by the Indiana Regional MLS. 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.