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203 E Main St New Albany, IN 47150

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For Sale
$799,000

Majestic Greek Revival building with grand ballroom and unique skylight.

Property size:
5,955 SF
Lot size:
0.12 Acres

Property Features for 203 E Main St

General Information

Size
5,955 SF
Lot size
0.12 Acres

Source: Coldwell Banker McMahan Agent Paul R Kiger

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


Overview

Historic New Albany Commercial Building

This historic commercial building, known locally as The Parthenon, is a Greek Revival sandstone structure that was originally home to the Second State Bank of Indiana. The property features a Main Street entrance with an ornate wrought-iron fence and a monumental staircase leading through four Doric columns. The main level includes a grand ballroom with natural light, historic windows, a stately double entry door, and wood floors. An original bank vault is also located on this level. The second floor features a unique oval-shaped room with an oval and domed skylight. A historic fireplace enhances the charm of a formal sitting room. With plumbing and commercial bathrooms already in place, the second floor is primed for creative ventures. The building has previously housed the American Red Cross and offers a unique environment for innovation. The flexible layout can accommodate various enterprises, including a retail boutique or a corporate office. The 5,955 square foot building is handicap accessible and offers potential for a new chapter. It has been used for glamorous events, theatrical performances, and fine dining experiences. The building may be suitable for an elegant department store, a design studio with retail space, or a natural-light drenched studio and gallery. It could also serve as a multi-purpose space for music, dance, or theater.
Insight Report Location Intelligence

Current Use by Public Records

TheatreWorks Performing Arts Theater

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Albany
County
Floyd
State
Indiana
Longitude
-85.8208274
Latitude
38.2844524

FAQs

What type of property is this?
Specialty property - Majestic Greek Revival building with grand ballroom and unique skylight.
Where is this specialty property located?
The property is located at 203 E Main St New Albany, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - Majestic Greek Revival architecture with a grand Main Street entrance featuring Doric columns and a monumental staircase.; - **Grand ballroom on the main level with historic windows and rich wood floors, suitable for events, performances, or dining.**; - Unique oval-shaped room on the second floor with a breathtaking oval and domed skylight.
More about this property
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