Mixed-Use Property with
For Sale
$185,500
502 Vincennes Street, New Albany, IN 47150
Two-level commercial building with a reception area, private offices, and separate-entry upper-floor space.
Property SizeContact for details
Days on Market3012
Property Features for 502 Vincennes Street
General Information
Standard status
Active
Property subtype
Office
Zoning
Mixed use corridor commercial
Taxes and HOA fees
Annual Taxes
$1,669
Amenities
3
8 Parking Spaces.
27 x 130
Building Details
Year Built
1919
Listing Agency:
Schuler Bauer Real Estate Services ERA Powered (N
(812) 948-2888
Listed By:
Sheila Bliss
(502) 592-7199
Source:
Xome
Added: Jun 5, 2018
Changed: Sep 2
Last Checked: Sep 1 at 3:09PM
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 Schuler Bauer Real Estate Services ERA Powered (N
Investment Insights
Based on property information with market context.
Located at 502 Vincennes Street in New Albany, Indiana, this mixed-use property includes a first-floor reception area, two offices, and a full bathroom. The main level has heat and air conditioning and previously housed a local tax and financial company for more than 28 years.
The upper level is accessed separately and includes space formerly used for employee breaks and storage, along with the potential for a one-bedroom, one-bath apartment. A separate entrance also serves an additional area that can function as a workshop, storage, or business space. The property is identified as mixed-use corridor commercial and is offered as-is, with inspections welcomed. Built in 1919, the building has a roof approximately 6-7 years old, a furnace approximately 2 years old, and first-floor air conditioning approximately 7-8 years old.
The upper level is accessed separately and includes space formerly used for employee breaks and storage, along with the potential for a one-bedroom, one-bath apartment. A separate entrance also serves an additional area that can function as a workshop, storage, or business space. The property is identified as mixed-use corridor commercial and is offered as-is, with inspections welcomed. Built in 1919, the building has a roof approximately 6-7 years old, a furnace approximately 2 years old, and first-floor air conditioning approximately 7-8 years old.
Key Highlights
- First floor includes reception area, 2 offices, full bath, heat, and air conditioning
- Separate‑entry upper level offers potential for a 1 bed 1 bath apartment
- Additional separate entrance serves workshop, storage, or business space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial building with a reception area, private offices, and separate-entry upper-floor space.
Where is this mixed-use property located?
The property is located at 502 Vincennes Street New Albany, IN.
What is the asking price?
The asking price for this property is $185,500.
What are key features of this property?
This property features: First floor includes reception area, 2 offices, full bath, heat, and air conditioning; Separate‑entry upper level offers potential for a 1 bed 1 bath apartment; Additional separate entrance serves workshop, storage, or business space
