Historic Mixed-Use Retail
221-225 Pearl Street New Albany, IN 47150
221-225 Pearl Street, New Albany, IN, 47150
$349,000
For Sale
$349,000
Historic Italianate brick facade with two retail spaces, two apartments, and an additional unfinished two-story area.
Days on Market2912
Property Features for 221-225 Pearl Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency
RE/MAX Advantage
(502) 314-6748
Listed by
Paul Kiger · License #RB14035922
(502) 314-6748
Source
Xome
Added: Aug 1, 2018 Updated: Jul 20 at 5:19 pm Checked: Jul 20 at 5:19 pm
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 Advantage
Investment Insights
Based on property information with market context.
This historic building features an Italianate brick façade with hooded arched windows and a two- and three-story design. The property includes two retail spaces, plus rehabbed apartments upstairs that are ready to lease with light updates needed (paint and flooring).
A standalone, shotgun-shaped rehabbed space is also included and has been used as an art gallery in recent years. The right side of the building is currently leased and has horizontal picture windows, a gated entrance, and workshop/kitchen space along with a small floor display area.
In addition to the income-producing and rehabbed components, there is an unfinished two-story unit within the building. The buyer will need to create new access to that unfinished area. Overall, the offering consists of two retail spaces, two apartments, and an additional unfinished area for renovation.
A standalone, shotgun-shaped rehabbed space is also included and has been used as an art gallery in recent years. The right side of the building is currently leased and has horizontal picture windows, a gated entrance, and workshop/kitchen space along with a small floor display area.
In addition to the income-producing and rehabbed components, there is an unfinished two-story unit within the building. The buyer will need to create new access to that unfinished area. Overall, the offering consists of two retail spaces, two apartments, and an additional unfinished area for renovation.
Key Highlights
- Historic Italianate brick building with hooded arched windows; two- and three‑story design
- Two retail spaces plus two rehabbed apartments ready for leasing (some paint and flooring needed)
- Right side currently leased, with horizontal picture windows, gated entrance, and workshop/kitchen space plus a floor display area
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Historic Italianate brick facade with two retail spaces, two apartments, and an additional unfinished two-story area.
Where is this live-work space located?
The property is located at 221-225 Pearl Street New Albany, IN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Historic Italianate brick building with hooded arched windows; two- and three‑story design; Two retail spaces plus two rehabbed apartments ready for leasing (some paint and flooring needed); Right side currently leased, with horizontal picture windows, gated entrance, and workshop/kitchen space plus a floor display area
