Corner Automotive
For Sale
$289,000
1501 E Spring Street, New Albany, IN 47150
Established used-vehicle sales operation with access from major highways and main roads.
Property Size442 SF
Price / SF$653.85
Days on Market1348
Property Features for 1501 E Spring Street
General Information
Standard status
Active
Size
442 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,646
Amenities
3
Building Details
Year Built
1960
Listing Agency:
Schuler Bauer Real Estate Services ERA Powered (N
(502) 643-3062
Listed By:
Stephannie Wilson · License #RB14039714
(502) 643-3062
Source:
Xome
Added: Dec 23, 2022
Changed: Aug 30
Last Checked: Aug 31 at 12:38PM
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.
This automotive property includes an established buy-here, pay-here business focused on used-vehicle sales. The corner-lot configuration provides space for displaying inventory and supports continued automotive use.
Located at 1501 E Spring Street in New Albany, the property is accessible from major highways and main roads. The seller would also consider a lease-to-own contract. The building dates to 1960.
Located at 1501 E Spring Street in New Albany, the property is accessible from major highways and main roads. The seller would also consider a lease-to-own contract. The building dates to 1960.
Key Highlights
- Corner lot at 1501 E Spring Street, New Albany, IN 47150
- Established buy‑here, pay‑here automotive business
- Used‑vehicle sales operation
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
White Castle
Dining
16,544 visits/mo
0.2 miles
Rally's
Dining
6,068 visits/mo
0.1 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
Questions? Ask Rey
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Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 1505 Grant Line Rd, New Albany, IN 47150
Frequently Asked Questions
What type of property is this?
Automotive property - Established used-vehicle sales operation with access from major highways and main roads.
Where is this automotive property located?
The property is located at 1501 E Spring Street New Albany, IN.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Corner lot at 1501 E Spring Street, New Albany, IN 47150; Established buy‑here, pay‑here automotive business; Used‑vehicle sales operation
