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Mixed-Use Property with Outdoor Seating
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225 State St, New Albany, IN 47150

Commercially zoned building offering restaurant, retail, and office-use space across two levels.

Property Size12,000 SF
Price / SF$0.00
Days on Market133

Property Features for 225 State St

General Information

Standard status Active
Size 12,000 SF
Property subtype Retail
Zoning Commercial
Lease Type Net

Additional Details

Floor Lower Level + Upstairs

Amenities

outdoor seating
Listing Agency: DF Realty Group, LLC
Listed By: Jody Offutt
Source: Kcrea.resimplifi
Added: Apr 20 Changed: Aug 29 Last Checked: Aug 29 at 2:59PM

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 DF Realty Group, LLC

Investment Insights

Based on property information with market context.

Located at 225 State St in New Albany, Indiana, this 12,000-square-foot mixed-use property is zoned Commercial. The lower level provides space suited to restaurant, bar, or retail operations, while the upper level adds flexible area for seating or office use.

An outdoor seating area is also available, extending the property’s potential restaurant configuration beyond the interior. The combination of two-level space and multiple supported commercial uses creates a flexible setting for a restaurant, retail operation, or office component within the same building.

Key Highlights

  • 12,000‑square‑foot mixed‑use property at 225 State St, New Albany, IN 47150
  • Commercial zoning
  • Lower‑level space for restaurant, bar, or retail use

Property Analytics

Current Use

Parlour Restaurant

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Pharmacy Auto Parts Store Storage Facility

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

1,037
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 0.2 miles
Circle K Shops & Services
8,727 visits/mo 0.4 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 0.2 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 - Commercially zoned building offering restaurant, retail, and office-use space across two levels.
Where is this mixed-use property located?
The property is located at 225 State St New Albany, IN.
What are key features of this property?
This property features: 12,000‑square‑foot mixed‑use property at 225 State St, New Albany, IN 47150; Commercial zoning; Lower‑level space for restaurant, bar, or retail use
More about this property
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