Property summary
Matthews Center presents a unique retail investment opportunity in northeastern New Albany, Indiana. This vibrant commercial corridor boasts affluent demographics and high traffic volume, situated conveniently near major anchors such as Meijer's, Regal Cinemas, and Northside Christian Church (with over 10,000 members). The property offers a flexible space ranging from 500 to 8,450 contiguous square feet, currently entirely vacant. A total of 8,450 square feet of existing space is available for lease, alongside 3.04 acres and 0.5-acre outlots available for ground lease. The site features excellent visibility and convenient access from Charlestown Road, just one mile north of I-265, a key east-west connector in Southern Indiana. Ample parking is provided with 194 spaces. The property is zoned R-1 and its APN is 22-05-08-500-387.000-008. This location is ideal for a variety of uses, including restaurants, retail stores, banks, or medical offices, making it an attractive proposition for businesses seeking high visibility and strong foot traffic in a thriving community. The minimum divisible space is 500 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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