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Storefront Mixed-Use Property
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214 Pearl Street, New Albany, IN 47150

Commercial, New Albany, IN

Property Size1,300 SF
Price / SF$0.01
Days on Market4

Property Features for 214 Pearl Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Take I-64 or I-265 to State Street toward Down New Albany. Left on E Market Street, right on Pearl Street and the property is on the left.
Standard status Active
APN 220500200194000008
Size 1,300 SF

Taxes and HOA fees

Tax Year 4051
Tax Description P 93 PRT L 10, P 93 PRT L 13 #27 P.93 PRT L13 #28;PRT L.12/13 #23 P.93 PRT L.12 & 13 008-78101-43 TIF
Tax Annual Amount 5024
Legal Description P 93 PRT L 10, P 93 PRT L 13 #27 P.93 PRT L13 #28;PRT L.12/13 #23 P.93 PRT L.12 & 13 008-78101-43 TIF

Building Details

Year built 1852
Listing Agency: RE/MAX FIRST-Commercial Group · RE/MAX International
Listed By: Mike Kopp · License #RB14037481
Added: Sep 29 Changed: Sep 30 Last Checked: Oct 2 at 1:06AM
MLS# 2026012171

Copyright © 2026 Southern Indiana REALTORS Association. 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.

This 1,300-square-foot mixed-use space at 214 Pearl Street has a glass storefront, an open front area, offices at the rear, and a restroom. The building dates to 1852 and has served retail and office functions.

The property is on Pearl Street in downtown New Albany, adjacent to a dining business and a retailer of vintage clothing and collectibles.

Key Highlights

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

Property Analytics

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Current Use

Storefront properties

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

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