Historic Mixed-Use Building with
For Sale
$1,790,000
222 Pearl St, New Albany, IN 47150
Three-story commercial property combines leased retail and office areas with vacant upper-floor space for additional occupancy.
Property Size25,000 SF
Price / SF$71.60
Days on Market241
Property Features for 222 Pearl St
General Information
Standard status
Active
Size
25,000 SF
Net Rentable
18,000 SF
Class
Trophy
Elevators
Yes
Property subtype
Office
Zoning
C-2
Amenities
dramatic mezzanine lobby
server room on each floor with fiber optic connectivity
front and rear emergency stairwells
2 commercial restrooms per floor
Building Details
Year Built
1909
Buildings
1
Stories
3
Listing Agency:
Coldwell Banker McMahan
(502) 314-6748
Listed By:
Paul Kiger · License #RB14035922
(502) 314-6748
Source:
Kcrea.resimplifi
Added: Jan 1
Changed: Aug 29
Last Checked: Aug 29 at 10:51AM
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.
Built in 1909, this three-story mixed-use property contains approximately 18,000 SF of leasable area, common areas, and a full basement within a 25,000-square-foot property. An elevator serves the building, which includes a mezzanine lobby, front and rear emergency stairwells, and two commercial restrooms on each floor.
The first-floor retail and office space and the entire second floor are fully leased. The third floor provides available office space, with infrastructure that supports call center configurations and dedicated server rooms on every level. Fiber optic connectivity is in place. The property is zoned C-2, and the upper floor may also support residential conversion subject to zoning requirements.
The first-floor retail and office space and the entire second floor are fully leased. The third floor provides available office space, with infrastructure that supports call center configurations and dedicated server rooms on every level. Fiber optic connectivity is in place. The property is zoned C-2, and the upper floor may also support residential conversion subject to zoning requirements.
Key Highlights
- Approximately 18,000 SF of leasable area within a 25,000‑square‑foot property
- Three‑story, elevator‑served building constructed in 1909
- First‑floor retail and office space fully leased; entire second floor fully leased
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,093
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story commercial property combines leased retail and office areas with vacant upper-floor space for additional occupancy.
Where is this mixed-use property located?
The property is located at 222 Pearl St New Albany, IN.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Approximately 18,000 SF of leasable area within a 25,000‑square‑foot property; Three‑story, elevator‑served building constructed in 1909; First‑floor retail and office space fully leased; entire second floor fully leased
