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1502 Beeler St New Albany, IN 47150

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For Sale
Contact for pricing

Prime Downtown Location, Huge Potential

Property size:
86,136 SF

Property Features for 1502 Beeler St

General Information

Property type
Individual retail properties
Square Feet
86,136 SF
Lot Size
44,867 SF

Building Details

Year Built/Renovated
1926/1960
Buildings
1
Stories
2

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Listing Contact
Sam Gray
Sam Gray

Listing Agency: Cushman & Wakefield Commercial Kentucky Listing Agent: Sam Gray

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional redevelopment opportunity presents a substantial 86,136 square foot storefront located at 1502 Beeler Street in New Albany, Indiana. The property, situated on a 1.03-acre lot (APN: 22-05-04-201-391.000-008), is zoned T-R and offers significant potential for various uses. The two-story building, constructed in 1926 and renovated in 1960, boasts impressive features including a 20-foot ceiling height in the manufacturing area, one loading dock, and one freight elevator. The expansive floorplates, approximately 35,625 square feet each, provide ample space for a wide range of commercial ventures. The manufacturing area encompasses roughly 60,000 square feet, featuring columns spaced 18 feet east-west and 13 feet 6 inches north-south. In addition to the manufacturing space, there is approximately 2,700 square feet of office space, complete with a main office, lobby, multiple restrooms, a cafeteria, and a supply room. The asking price is $2,000,000, translating to $23.22 per square foot. This property's prime location across from New Albany High School makes it an attractive investment with high visibility and accessibility. The building's size and unique features offer a rare chance to reshape a significant piece of New Albany's commercial landscape. This is a truly unique opportunity for a discerning investor seeking a substantial redevelopment project in a thriving Indiana community.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Graphic Packaging International Industrial Manufacturer

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Albany
County
Floyd
State
Indiana
Longitude
-85.8129661
Latitude
38.2967774

FAQs

What type of property is this?
Individual retail property - Prime Downtown Location, Huge Potential
Where is this individual retail property located?
The property is located at 1502 Beeler St New Albany, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime location just north of downtown New Albany.; Exceptional redevelopment potential.; Features a two-story building with a lower level.
(502) 719-3240 Call to check price and availability
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