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Two-Unit Office Property
For Sale
$335,000

2625 Charlestown Road, New Albany, IN 47150

Separate workspaces provide private offices, reception or waiting areas, and a bathroom in each suite.

Property SizeContact for details
Days on Market3103

Property Features for 2625 Charlestown Road

General Information

Standard status Active
Property subtype Office

Additional Details

Gross Income $28,800
Office Units 2

Taxes and HOA fees

Annual Taxes $3,545

Amenities

3

Building Details

Year Built 1994
Tenancy Multi
Listing Agency:
Listed By: Applegate Real Estate
Source: Xome
Added: Mar 4, 2018 Changed: Aug 31 Last Checked: Aug 31 at 12:53PM

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 Applegate Real Estate

Investment Insights

Based on property information with market context.

This office property is arranged as two separate suites, each with individual offices, work areas, and a bathroom. The first suite includes three offices and three work areas along with a waiting area. The second provides three offices, a reception area, and a work area. The building was constructed in 1994.

The property is located at 2625 Charlestown Road in New Albany, Indiana. The first suite has a renewal option extending through November 2025, with rent increases during the option period. The second lease runs through November 30, 2022, with an option for an additional year and a rent increase.

Key Highlights

  • Two separately configured office suites
  • Suite 1 has 3 individual offices, 3 work areas, a waiting area, and a bath
  • Suite 2 includes 3 individual offices, reception, a work area, and a bath

Property Analytics

Current Use

Strouse Leslie MD Physician Better By Design ... Renovation Specialist Kentuckiana Southern Gospel Church

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic HVAC Service Kitchen & Bath Showroom

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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Separate workspaces provide private offices, reception or waiting areas, and a bathroom in each suite.
Where is this office units located?
The property is located at 2625 Charlestown Road New Albany, IN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two separately configured office suites; Suite 1 has 3 individual offices, 3 work areas, a waiting area, and a bath; Suite 2 includes 3 individual offices, reception, a work area, and a bath
More about this property
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