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Furnished Office Units
New
For Lease
$700/Mo

1931 East Spring Street, New Albany, IN 47150

COMMERCIAL - New Albany, IN

Space Size169 SF
Property Size2,370 SF
Lot Size0.20 Acres
Days on Market7

Property Features for 1931 East Spring Street

General Information

Property type Commercial Lease
Property subtype Other
Standard status Active
Lot size 0.20 Acres

Amenities

conference room
kitchen
break room
computer lab
security system
parking
Wi-Fi
cleaning service
grounds maintenance
drink service
arcade cabinets
copier/printer/scanner

Building Details

Year built 1929
Listing Agency: NextHome Wilson Real Estate Services
Listed By: Stephannie Wilson · License #RB14039714
Added: Aug 13 Last Checked: Aug 19 at 1:06PM
MLS# 2026010860

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units are available on the second floor of a 2,370-square-foot Queen Anne building constructed in 1929. The floor contains three offices and a private restroom, with a separate side entry providing direct upstairs access. Each office includes a 65-inch monitor with wired and wireless connectivity.

Shared amenities include a furnished conference room with a 75-inch display, kitchen with gas range, microwave, dishwasher, refrigerator, and beverage service, plus a break room with four arcade cabinets. The first floor also offers a computer lab with four workstations and a network copier, printer, and scanner. Utilities and Wi-Fi are included, while weekly interior cleaning and grounds service every 10 days support ongoing operations. Parking is available on the street and behind the building, and a Ring camera system covers common areas and the exterior.

Key Highlights

  • 2,370‑square‑foot Queen Anne office building constructed in 1929
  • Three second‑floor offices with a private restroom and separate upstairs entrance
  • Each office includes a 65‑inch monitor with wired and wireless connectivity

Property Analytics

Current Use

Halo Applications and Communications, ... (Bike/Boat/Book/etc) Store halodash (Bike/Boat/Book/etc) Store Reyes Waste Management Waste Management Facility Conflux Wellness Alternative Medicine Practice ArtSeed Art Gallery

Suggested Use

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

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$7.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,095
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor offices share furnished meeting, kitchen, technology, and parking amenities in a professionally maintained building.
Where is this office units located?
The property is located at 1931 East Spring Street New Albany, IN.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: 2,370‑square‑foot Queen Anne office building constructed in 1929; Three second‑floor offices with a private restroom and separate upstairs entrance; Each office includes a 65‑inch monitor with wired and wireless connectivity
More about this property
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