Downtown New Albany Opportunity

141 E Main St, New Albany, IN

View on Map

For Sale

Contact for pricing

Purchase or lease opportunity in vibrant downtown New Albany.

Type:RETAIL

Property size:

3,374 SF

Lot size:

0.08 Acres

Price / SF:

$235/SF

HighLights

Prime downtown New Albany location across from City Hall.
Flexible 1st floor space suitable for office, restaurant, or retail use.
Proximity to $100 Million in new downtown developments.
Access to potential incentives: liquor license, UEZ, TIF, Historic District, Opportunity Zone, and Casino Revolving Loan Fund.
Basement with separate access for each tenant space.
Ample street parking and close to a large free city parking lot.

We can help!

Listing Contact

Michael A Kopp

For Sale

Contact for pricing

Purchase or lease opportunity in vibrant downtown New Albany.

Type:RETAIL

Property size:

3,374 SF

Lot size:

0.08 Acres

Price / SF:

$235/SF

Added:: Apr 4, 2024
Days on Market:: 808
Last Refresh:: May 19 at 9:34 pm

Property Features for 141 E Main St

General Information

Standard status: Active
Size: 3,374 SF
Lot size: 0.08 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Michael A Kopp

Listing agent Michael A Kopp

Listing office RE/MAX FIRST

Listing date Apr 4, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX FIRST

HighLights

Prime downtown New Albany location across from City Hall.
Flexible 1st floor space suitable for office, restaurant, or retail use.
Proximity to $100 Million in new downtown developments.
Access to potential incentives: liquor license, UEZ, TIF, Historic District, Opportunity Zone, and Casino Revolving Loan Fund.
Basement with separate access for each tenant space.
Ample street parking and close to a large free city parking lot.

Overview

Located in downtown New Albany, this property presents a purchase or lease opportunity. The first floor, suitable for office, restaurant, or retail use, is currently available for lease, while the second floor is occupied by a tenant. A basement with separate access is available for each of the two tenant spaces. The property is situated across from the new City Hall, in a walkable downtown area that features retailers, urban upscale apartments, restaurants, wineries, breweries, and government offices. Ample street parking is available, and a large, city-owned free parking lot is nearby. The area has seen over $100 million in new developments. The property is located within an Urban Enterprise Zone, Historic District, and Opportunity Zone. Additional incentives may be available, including a $1,000/year three-way liquor license and access to a local low-interest Casino Revolving Loan Fund of up to $50,000. The property has a size of 3374 square feet.

Property Profile Location Intelligence

Current Use by Public Records

High Street Apothecary Bar & Pub Disc Golf Mart- ... (Bike/Boat/Book/etc) Store Disc Crazy (Bike/Boat/Book/etc) Store Keystone Restoration Construction Company

Suggested Use

Location Insight

Map
Local Demand

City: New Albany
County: Floyd
State: Indiana
Longitude: -85.8216
Latitude: 38.2842

Nearby Similar for Sale

$1,575,000

11,442 SF

Iconic Building in Historic District

Distinctive commercial building with patio in downtown New Albany.

319 Pearl Street, New Albany, IN 47150

View Details
$600,000

5,356 SF

Five-Unit Multifamily Investment Opportunity

Five-unit property with income and upside potential in New Albany.

1011 Vincennes Street, New Albany, IN 47150

View Details
$2,530

2,550 SF

Two-Story Professional Office Building

Two-story office building with rear parking, handicap accessibility, and multiple offices plus a kitchen area.

2829 Charlestown Road, New Albany, IN 47150

View Details
$700

2,370 SF

Historic Office Space with Amenities

Professional office space with utilities and amenities included.

1931 East Spring Street, New Albany, IN 47150

View Details
$14

18,294 SF

Fully Furnished Office Suite

Third-floor office space with a lobby, multiple offices, conference rooms, and two bathrooms.

821 Mount Tabor Road, New Albany, IN 47150

View Details
$1,750

1,012 SF

Office Suite with Lobby and Restroom

Vacant office suite with multiple private offices, restroom, and utilities included for a plug-and-play setup.

5150 Charlestown Road, New Albany, IN 47150

View Details
$5,200

Medical Office Suite in Single-Story Building

Suite B in a single-story professional building offers surface parking and strong visibility on a high-traffic corridor.

2818 Grant Line Road, New Albany, IN 47150

View Details
$650,000

2,782 SF

Super Wash Car Wash Opportunity

Car wash on 0.8159 acres, potential for retail/commercial redevelopment.

3108 Blackiston Mill Rd, New Albany, IN

View Details
$795,000

4,712 SF

Downtown New Albany Office Building

Updated office building in revitalized downtown area with parking.

320 E Elm St, New Albany, IN

View Details
$150,000

640 SF

Retail Storefront with Billboard Income

Small retail building with billboard rent and onsite storage trailers on a high-traffic street.

1100 W Main St, New Albany, IN 47150

View Details
$495,000

2,836 SF

Former Fast Food Restaurant Available

2,836 SF restaurant on 1.02 acres for sale.

2601 Charlestown Rd, New Albany, IN

View Details
$314,900

2,637 SF

Two-Story Live-Work and Office Building

First-floor space is available for immediate showing, with second-floor residential tenants requiring appointment notice.

419 W 1st Street, New Albany, IN 47150

View Details

What type of property is this?

Retail space - Purchase or lease opportunity in vibrant downtown New Albany.

Where is this retail space located?

The property is located at 141 E Main St New Albany, IN.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Prime downtown New Albany location across from City Hall.; Flexible 1st floor space suitable for office, restaurant, or retail use.; Proximity to $100 Million in new downtown developments.