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Downtown Mixed-Use Storefront
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214 Pearl St, New Albany, IN 47150

An open front sales area is complemented by rear offices and a restroom.

Property Size1,300 SF
Price / SF$0.01
Days on Market7

Property Features for 214 Pearl St

General Information

Standard status Active
Size 1,300 SF
Property subtype Commercial

Building Details

Year Built 1852
Listing Agency: RE/MAX First-Commercial Group
Listed By: Ward Realty Services
Source: Wardrealtyservices
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 12 at 7:15PM

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 First-Commercial Group

Investment Insights

Based on property information with market context.

This 1,300-square-foot mixed-use space has a glass storefront and an open area at the front, with several office spaces and a restroom toward the rear. The building dates to 1852 and has accommodated retail and office functions over several decades.

The property is on Pearl Street in downtown New Albany. Nearby businesses include a dining establishment and a vintage clothing and collectibles retailer. The downtown area has added shops, eateries, and residential properties for both rental and ownership.

Key Highlights

  • 1,300 square feet with an open front area, rear offices, and a restroom
  • Glass storefront on Pearl Street in downtown New Albany
  • Built in 1852

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Dental Office (Bike/Boat/Book/etc) Store Pharmacy Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,093
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 29% Hotels & Casinos 10%
Circle K Shops & Services
16,840 visits/mo 0.1 miles
Circle K Shops & Services
8,727 visits/mo 0.5 miles
Waffle House Dining
8,072 visits/mo 0.3 miles
Wild Eggs Dining
7,332 visits/mo 0.4 miles
Chase Bank Shops & Services
6,686 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - An open front sales area is complemented by rear offices and a restroom.
Where is this mixed-use property located?
The property is located at 214 Pearl St New Albany, IN.
What are key features of this property?
This property features: 1,300 square feet with an open front area, rear offices, and a restroom; Glass storefront on Pearl Street in downtown New Albany; Built in 1852
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