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Mixed-Use Building with Retail
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918 E Market Street, New Albany, IN 47150

Two-story property combines a ground-floor storefront with apartment space above and an unfinished basement.

Property Size3,351 SF
Price / SF$0.67
Days on Market1333

Property Features for 918 E Market Street

General Information

Standard status Active
Size 3,351 SF
Property subtype Retail

Additional Details

Asking Price $320,000

Taxes and HOA fees

Annual Taxes $3,034

Amenities

3

Building Details

Year Built 1919
Buildings 1
Stories 2
Listing Agency: Bass Group Real Estate
Listed By: Bobby Bass · License #RB14043299
Source: Xome
Added: Jan 7, 2023 Changed: Aug 30 Last Checked: Aug 31 at 3:29PM

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 Bass Group Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building at 918 E Market Street combines a finished retail area on the ground level with apartment living on the second floor. The property also includes an unfinished basement, providing additional building area in its existing configuration.

Constructed in 1919, the building presents both commercial storefront and residential components within one property. The apartment is currently vacant, while the ground floor and basement are identified as the leased portion when offered under a lease arrangement. The entire building is included in a sale.

Key Highlights

  • Ground‑floor retail space with second‑floor apartment living
  • Unfinished basement included in the building configuration
  • Constructed in 1919

Property Analytics

Current Use

Michelle L. Riggs, ... Foster Care Service Corrao Shoes and Repair Clothing & Fashion Store

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Dental Office Catering Service Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 99% Shops & Services 1%
White Castle Dining
16,544 visits/mo 0.5 miles
Rally's Dining
6,068 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
259 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story property combines a ground-floor storefront with apartment space above and an unfinished basement.
Where is this mixed-use property located?
The property is located at 918 E Market Street New Albany, IN.
What are key features of this property?
This property features: Ground‑floor retail space with second‑floor apartment living; Unfinished basement included in the building configuration; Constructed in 1919
More about this property
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