Mixed-Use Property with
For Sale
$217,900
1945 Indiana Ave, New Albany, IN 47150
Open commercial floor space includes a commercial sink, prep area, storage, and two half bathrooms.
Property Size3,828 SF
Price / SF$56.92
Days on Market25
Property Features for 1945 Indiana Ave
General Information
Standard status
Active
Size
3,828 SF
Additional Details
Corner Location
Yes
Amenities
open space
two half bathrooms
handicap accessible
kitchen with commercial sink
prep space
storage areas
dedicated parking
Building Details
Year Built
1945
Stories
2
Listing Agency:
Lopp Real Estate Brokers
(812) 200-2838
Listed By:
Alicia Powell
Source:
Adventurealty
Added: Aug 8
Changed: Aug 30
Last Checked: Aug 31 at 7:45PM
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 Lopp Real Estate Brokers
Investment Insights
Based on property information with market context.
Built in 1945, this mixed-use property combines open commercial space with a separate residential component. The main level offers a flexible layout, two half bathrooms—including one with handicap accessibility—and a kitchen equipped with a commercial sink and dedicated preparation area. Multiple storage areas add functional support for retail or supply-oriented operations.
A one-bedroom, one-bath apartment occupies the second floor and includes a designated parking space. The property sits on a corner lot off Charlestown Rd and also provides dedicated parking for the commercial component.
A one-bedroom, one-bath apartment occupies the second floor and includes a designated parking space. The property sits on a corner lot off Charlestown Rd and also provides dedicated parking for the commercial component.
Key Highlights
- Open main‑floor commercial area with flexible layout
- Commercial sink and dedicated kitchen prep area
- Two half bathrooms, including one handicap accessible
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
362
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Open commercial floor space includes a commercial sink, prep area, storage, and two half bathrooms.
Where is this mixed-use property located?
The property is located at 1945 Indiana Ave New Albany, IN.
What is the asking price?
The asking price for this property is $217,900.
What are key features of this property?
This property features: Open main‑floor commercial area with flexible layout; Commercial sink and dedicated kitchen prep area; Two half bathrooms, including one handicap accessible
