New Albany, IN Commercial Real Estate for Sale

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Updated: May 29

Historic Mixed-Use Building with Patio

319 Pearl Street, New Albany, IN 47150

$1,575,000

11,442 sqft 0.11 AC lot

11,442‑square‑foot mixed‑use building
0.11‑acre property comprising 2 parcels
First and lower levels currently occupied by a winery and restaurant
Lower level includes wine production and barrel storage space
Outdoor patio parcel adjoins City Pak

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Updated: Jul 31

Mixed-Use Property with Apartment

331 Vincennes Street, New Albany, IN 47150

$269,900

1,716 sqft 0.07 AC lot

1,716‑square‑foot mixed‑use property
Nearly 1,200 square feet of commercial space configured for salon use
Room for 5‑7 styling stations and two shampoo stations
Private one‑bedroom apartment with over 500 square feet
Separate apartment entrance, rear parking pad, and green space

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Tri-Level Church Facility

1333 Bono Road, New Albany, IN 47150

$300,000

3,440 sqft 0.26 AC lot

Tri-level concrete block facility with worship, office, kitchen, and meeting areas across multiple levels.

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Medical Center with Surgical Suite

2201 Green Valley Rd, New Albany, IN 47150

$1,950,000

9,000 sqft

Healthcare facility with operating, recovery, administrative, and physician office areas near a major hospital campus.

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Turnkey Wedding and Event Venue

138 E Market Street, New Albany, IN 47150

$1,300,000

0.17 AC lot

Fully operational venue with flexible event spaces, kitchen equipment, furnishings, and a downtown setting near Louisville.

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Furnished Executive Office Suite

821 Mount Tabor Road, New Albany, IN 47150

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18,294 sqft 0.52 AC lot

Ready-to-use office configuration with private workrooms, meeting areas, kitchenettes, restrooms, and elevator access.

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Commercial Lot with Equipment

910 Industrial Boulevard, New Albany, IN 47150

$250,000

0.25 AC lot

Industrial-area parcel includes landscaping tools and equipment for commercial operations.

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Historic Restaurant and Patio Building

319 Pearl St, New Albany, IN 47150

$1,575,000

11,442 sqft

Real estate sale includes two parcels with an outdoor patio adjoining City Park and an interior bar, lounge, and dining area.

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Corner-Lot Flex Space

1304 Dewey Street, New Albany, IN 47150

$825,000

2.64 AC lot

TR-zoned property combines office, storage, warehouse, and manufacturing areas across multiple structures.

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Vacant Commercial Land

720 - 722 Pillsbury Lane, New Albany, IN 47150

$315,000

1.23 AC lot

Vacant parcel near established businesses and a planned trail connection in New Albany.

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Three-Tenant Retail Shopping Center

2241 State St, New Albany, IN 47150

$3,100,000

9,000 sqft

Fully occupied retail center with established tenancy and Highway Commercial District zoning.

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Single-Story Medical Office Suite

2818 Grant Line Road, New Albany, IN 47150

Contact for pricing

0.95 AC lot

Suite B provides surface parking and convenient access to I-265 and I-65.

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Flat Commercial Land

Blackiston Boulevard, New Albany, IN 47150

$475,000

1.47 AC lot

Level commercial parcel identified for commercial or mixed-use development.

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Office Building with Meeting Space

1333 Bono Rd, New Albany, IN 47150

$300,000

4,208 sqft

Zoned C1a for limited local business, with ground-level meeting space plus multiple office areas across two levels.

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Vacant Land, New Albany, IN

2206 Green Valley Road, New Albany, IN 47150

$140,000

0.55 AC lot

Commercial land · 0.55 Acres

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Land in New Albany, IN

3517 Kamer Miller Road, New Albany, IN 47150

Contact for pricing

0.09 AC lot

Land with convenient access to I-265, shopping, dining.

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Mixed-Use Building with Apartment

331 Vincennes St, New Albany, IN 47150

$269,900

1,716 sqft

Commercial salon space is paired with a separately entered apartment and rear parking pad.

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Two-Story Office Building

710 Pillsbury Ln, New Albany, IN 47150

$699,000

7,115 sqft

Former credit union layout includes private offices, open work areas, and a drive-up window.

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Mixed-Use Property with Apartment

1945 Indiana Ave, New Albany, IN 47150

$210,000

3,828 sqft

Open commercial floor space includes a commercial sink, prep area, storage, and two half bathrooms.

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Renovated Medical Office Space

1600 State St, New Albany, IN 47150

$255,000

1,532 sqft

Mixed-use zoning, separate entrances, and accessibility features accommodate commercial or live/work use.

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Mixed-Use Apartment Building

207 E Main St, New Albany, IN 47150

$1,590,000

9,552 sqft

For-sale mixed-use property with apartment units and first-floor restaurant space, available by appointment with notice.

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Flex Space with Warehouse and Office

1304 Dewey St, New Albany, IN 47150

$825,000

35,858 sqft

Flex space includes open warehouse/manufacturing areas, office/storage space, and outbuildings on two corner lots.

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Historic Mixed-Use Building with Elevator

222 Pearl St, New Albany, IN 47150

$1,790,000

25,000 sqft

Three-story commercial property combines leased retail and office areas with vacant upper-floor space for additional occupancy.

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Turn-Key Restaurant with Road Frontage

1125 State St, New Albany, IN 47150

$350,000

2,232 sqft

Turn-key restaurant for sale with road frontage and equipment and furniture that generally stay with the property.

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New Albany, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in New Albany, IN, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 300,474 square feet of properties for sale, with an estimated market value of $25,893,800.

Sale prices for business properties in New Albany, IN start at $140,000, averaging $924,778, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 50K

Population Growth (5Y) +3.7%

Median Household Income $62,212

College Educated 18.3%

High-Yield Neighborhoods for Investment

Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47150	$504.8K

Taxes & Financing

Tax Rate (average for all types) 2.56%

Property Tax per SF $33.47 per SF

Tax Rate vs County Average 0.20 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Floyd County

New Delisted

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