Mixed-Use Apartment
For Sale
Contact for pricing
207 East Main Street, New Albany, IN 47150
For-sale mixed-use property with apartment units and first-floor restaurant space, available by appointment with notice.
Property SizeContact for details
Days on Market100
Property Features for 207 East Main Street
General Information
Standard status
Active
Property subtype
Hospitality
Listing Agency:
RE/MAX Advantage
Listed By:
Paul Kiger · License #IN RB14035922
(812) 923-7050
Source:
Crexi
Added: May 29
Changed: Sep 3
Last Checked: Sep 2 at 1:56AM
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 RE/MAX Advantage
Investment Insights
Based on property information with market context.
This for-sale mixed-use property includes apartment units and first-floor restaurant space. The building is designed to support both residential occupancy and street-level commercial use, giving an operator or buyer a practical blend of uses within the same asset.
Located at 207 East Main Street in New Albany, Indiana, the property offers convenient access to the restaurant space for retail or food service activity. Showings require minimum 24 hours’ notice for the apartment portion, and the first-floor restaurant space is available to tour by appointment.
For tenants, the residential component can serve households seeking an apartment setting, while the commercial component is positioned for a restaurant operator that wants a dedicated ground-floor presence. For buyers, the combined residential and restaurant layout may appeal to those looking for a single ownership structure that encompasses both income-generating uses. The viewing requirements should be planned around the 24-hour notice needed for apartments and appointment scheduling for the restaurant space.
Located at 207 East Main Street in New Albany, Indiana, the property offers convenient access to the restaurant space for retail or food service activity. Showings require minimum 24 hours’ notice for the apartment portion, and the first-floor restaurant space is available to tour by appointment.
For tenants, the residential component can serve households seeking an apartment setting, while the commercial component is positioned for a restaurant operator that wants a dedicated ground-floor presence. For buyers, the combined residential and restaurant layout may appeal to those looking for a single ownership structure that encompasses both income-generating uses. The viewing requirements should be planned around the 24-hour notice needed for apartments and appointment scheduling for the restaurant space.
Key Highlights
- Mixed‑use property with apartment units and first‑floor restaurant space
- 1st‑floor restaurant space available by appointment
- Minimum 24 hours notice required for apartment showings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,113
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - For-sale mixed-use property with apartment units and first-floor restaurant space, available by appointment with notice.
Where is this apartment building located?
The property is located at 207 East Main Street New Albany, IN.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Mixed‑use property with apartment units and first‑floor restaurant space; 1st‑floor restaurant space available by appointment; Minimum 24 hours notice required for apartment showings
