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Storefront Property with Two Units
For Sale
$79,900

1007 Vincennes Street, New Albany, IN 47150

Remodeled front space with a beauty shop layout and separate rear storage unit.

Property SizeContact for details
Days on Market2929

Property Features for 1007 Vincennes Street

General Information

Standard status Active
Property subtype Retail

Property Condition

Severity Repairs Needed
Evidence in need of rehab

Taxes and HOA fees

Annual Taxes $1,157

Amenities

side porch
back deck
ceramic tile flooring
large front picture windows
utility room
washer/dryer hookup
utility sink
storage
half bathroom
cabinetry
counters
metal roof
3
28X140

Building Details

Year Built 1929
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX FIRST
Listed By: Karla Shawler · License #RB14022411
Source: Xome
Added: Aug 26, 2018 Changed: Aug 31 Last Checked: Aug 31 at 3:58PM

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

Investment Insights

Based on property information with market context.

This 1929 storefront property is arranged as a duplex with two distinct commercial areas. The 600-square-foot front unit has been remodeled and is currently used as a beauty shop, with open areas, ceramic tile flooring, two large picture windows, front and side entrances, cabinetry, counters, and storage. Additional features include a utility room with a stackable washer and dryer hookup, utility sink, and half bathroom.

The 876-square-foot rear unit is currently used for storage and requires rehabilitation. Exterior features include a metal roof over the back portion, a side porch, and a newer rear deck. Parking is available along Vincennes Street and behind the building. The property is located across from New Albany High School.

Key Highlights

  • Two‑unit storefront configuration with 600‑square‑foot front space and 876‑square‑foot rear unit
  • Remodeled front unit currently operating as a beauty shop
  • Front unit includes ceramic tile, cabinetry, counters, storage, and two large picture windows

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
White Castle Dining
16,544 visits/mo 0.4 miles
Rally's Dining
6,068 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Nance Floral Shoppe, Inc. 624 e spring st, new albany, in 47150
  • Aebersold Florist 1217 Silver St, New Albany, IN 47150

Frequently Asked Questions

What type of property is this?
Storefront property - Remodeled front space with a beauty shop layout and separate rear storage unit.
Where is this storefront property located?
The property is located at 1007 Vincennes Street New Albany, IN.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Two‑unit storefront configuration with 600‑square‑foot front space and 876‑square‑foot rear unit; Remodeled front unit currently operating as a beauty shop; Front unit includes ceramic tile, cabinetry, counters, storage, and two large picture windows
More about this property
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