322-326 15Th St New Albany, IN 47150
- Warehouses
- 23,929 SF
- 0.42 lot acres
Current Use by Public Records
- Warehouses
Property Details for 322-326 15Th St
- Year built
- 1910
- Lot size
- 0.42 lot acres
- Property size
- 23,929 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional New Albany, Indiana industrial property presents a unique investment opportunity. Located at 322-326 E 15th St, this mixed-use zoned property boasts a substantial 23,929 square feet of warehouse space, spread across two three-story buildings, constructed in 1910. The property sits on a 0.42-acre lot (APN: 22-05-02-802-345.000-008) and is priced competitively at $550,000, or $22.98 per square foot. The warehouse features five loading docks and one dock-high door, making it ideal for efficient logistics. Inside, the building includes two first-floor restrooms and an office area. Adding to the property's versatility is a separate 1,363 square foot home, currently vacant. The property's current use is as a used auto parts warehouse, but its mixed-use zoning opens doors to a variety of potential applications. This is a rare chance to acquire a substantial industrial property in a desirable location with significant upside potential. The property's size, features, and zoning make it an attractive investment for both established businesses and forward-thinking entrepreneurs. The combination of warehouse space and a separate residential structure provides flexibility and added value. Don't miss this chance to own a piece of New Albany's industrial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Albany
- County
- Floyd
- State
- Indiana
- Longitude
- -85.8082
- Latitude
- 38.2906
