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Historic Coworking Office Space
For Lease
$700/Mo per office

1931 East Spring Street, New Albany, IN 47150

New Albany, IN

Space Size169 SF
Property Size2,370 SF
Lot Size0.20 Acres
Days on Market18

Property Features for 1931 East Spring Street

General Information

Property type Commercial Lease
Property subtype Other
Standard status Active
Lot size 0.20 Acres

Amenities

conference room
kitchen
break room
computer lab
network copier/printer/scanner
Ring security system
weekly cleaning
grounds maintenance
utilities included
Wi-Fi
drink service
side entrance
private restroom
public restroom

Building Details

Year built 1929
Listing Agency: NextHome Wilson Real Estate Services
Listed By: Stephannie Wilson · License #RB14039714
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 30 at 10:06AM
MLS# 2026010860

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This coworking property occupies a Queen Anne office building constructed in 1929, with three second-floor offices, a private restroom, and a separate side entry. Shared areas include a furnished conference room with a 75-inch monitor, a kitchen equipped with a gas stove, microwave, dishwasher, and refrigerator, plus a break room with four arcade cabinets. A first-floor computer lab provides four workstations and a network copier, printer, and scanner with remote color-printing access.

The property offers on-street parking along the front and additional off-street parking at the rear. Utilities and Wi-Fi are included, while the office is professionally cleaned weekly and the grounds are serviced every 10 days. Ring security cameras monitor first-floor common areas and the exterior.

Key Highlights

  • Queen Anne office building constructed in 1929
  • Three second‑floor offices with a private restroom and separate side entrance
  • Conference room furnished with a 75‑inch monitor and wired and wireless connectivity

Property Analytics

Current Use

Halo Applications and Communications, ... (Bike/Boat/Book/etc) Store halodash (Bike/Boat/Book/etc) Store Reyes Waste Management Waste Management Facility Conflux Wellness Alternative Medicine Practice ArtSeed Art Gallery

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$7.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 47150, IN

49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Coworking space - Shared office setting with furnished meeting, kitchen, computer lab, restroom, and connectivity amenities.
Where is this coworking space located?
The property is located at 1931 East Spring Street New Albany, IN.
What is the lease rate?
The lease rate is $700/Mo per office.
What are key features of this property?
This property features: Queen Anne office building constructed in 1929; Three second‑floor offices with a private restroom and separate side entrance; Conference room furnished with a 75‑inch monitor and wired and wireless connectivity
More about this property
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