Three-Tenant Retail Shopping
For Sale
$3,100,000
2241 State St, New Albany, IN 47150
Fully occupied retail center with established tenancy and Highway Commercial District zoning.
Property Size9,000 SF
Price / SF$344.44
Days on Market53
Property Features for 2241 State St
General Information
Standard status
Active
Size
9,000 SF
Total Parking Spaces
43
Property subtype
Retail
Zoning
HC
Occupancy
100%
Amenities
43 Parking Spaces
Building Details
Year Built
1996
Tenancy
Multi-Tenant
Listing Agency:
Commercial Kentucky, Inc.
Listed By:
Craig Collins
(502) 314-9535
Source:
Kcrea.resimplifi
Added: Jul 29
Changed: Sep 9
Last Checked: Sep 18 at 3:54AM
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 Commercial Kentucky, Inc.
Investment Insights
Based on property information with market context.
This 9,000-square-foot shopping center was constructed in 1996 and is configured for three retail tenants. The property is fully occupied, providing an established operating profile within a multi-tenant commercial format. Highway Commercial District zoning supports its retail-oriented positioning.
The center is located at 2241–2243 State Street in New Albany, Indiana, within a retail corridor surrounded by national retailers. Its State Street setting places the property among established commercial uses and provides exposure to the area’s existing consumer activity.
The center is located at 2241–2243 State Street in New Albany, Indiana, within a retail corridor surrounded by national retailers. Its State Street setting places the property among established commercial uses and provides exposure to the area’s existing consumer activity.
Key Highlights
- 9,000‑square‑foot shopping center
- Three‑tenant retail configuration
- Fully occupied property
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Balanced
Demand for This Use
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with established tenancy and Highway Commercial District zoning.
Where is this shopping center located?
The property is located at 2241 State St New Albany, IN.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 9,000‑square‑foot shopping center; Three‑tenant retail configuration; Fully occupied property
