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Elevator-Served Third-Floor Office
For Lease
$20 SF/Yr

222 Pearl St, New Albany, IN 47150

Third-floor office space with elevator access, secure entry, conference rooms, break area, and a dedicated server room with fiber.

Space SizeContact for details
Days on Market211

Property Features for 222 Pearl St

General Information

Standard status Active
Property subtype Office
Zoning C-2
Lease Type Net

Building Details

Year Built 1909

Spaces For Lease

at 222 Pearl St Contact us

Available Space $20/Mo

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Listing Agency: Coldwell Banker McMahan
Listed By: Paul Kiger · License #21537
Source: Kcrea.resimplifi
Added: Mar 1 Changed: Sep 8 Last Checked: Sep 26 at 3:34AM

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 Coldwell Banker McMahan

Investment Insights

Based on property information with market context.

222 Pearl Street offers an approximately 8,443-square-foot third-floor office opportunity within The White House, a historic mixed-use landmark in downtown New Albany. The floor is elevator-served with secure access and includes a dedicated break room and common areas, commercial restrooms, and multiple conference rooms and private offices. There is also a dedicated server room with fiber optic connectivity, along with existing infrastructure intended to support office and call-center style configurations. Dual front and rear emergency stairwells provide for life-safety compliance, and the layout offers flexibility for different professional uses.

The property sits on prominent Pearl Street within New Albany’s established commercial corridor. The landlord will lease the entire third floor to a single user or consider demising into smaller office configurations to accommodate qualified tenants. Elevator access supports convenient employee and visitor movement, while the location within a historic downtown building combines character with modern connectivity.

This space is well suited for organizations seeking a secure, fully functional office floor with meeting and private office capacity, plus dedicated technology space for data-intensive operations. For tenants considering a single, consolidated headquarters footprint, the entire-floor option may simplify operations. For those needing a smaller configuration, the landlord’s willingness to demising supports multiple office layouts within the same elevator-served floor.

Key Highlights

  • Up to 8,443 SF of third‑floor elevator‑served office space at 222 Pearl Street
  • Secure access with commercial restrooms on the same floor
  • Includes multiple conference rooms and private offices for flexible office configurations

Property Analytics

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Open Analytics

Current Use

The Historic White House Hotel & Motel Fostered Up Art Art Gallery Winner Window Cleaning General Contractor Seaward Services Inc. Freight Service Mariposa Consignments Discount Store

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.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,093
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Albany, IN

$16.3 /SF/Yr
Avg Asking Price
$6.02–$20.75 /SF/Yr
Price Range
11,780 SF
Avg Space Size

This space is priced 23% above the average of $16.3 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor office space with elevator access, secure entry, conference rooms, break area, and a dedicated server room with fiber.
Where is this office units located?
The property is located at 222 Pearl St New Albany, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Up to 8,443 SF of third‑floor elevator‑served office space at 222 Pearl Street; Secure access with commercial restrooms on the same floor; Includes multiple conference rooms and private offices for flexible office configurations
More about this property
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