1502 Beeler St New Albany, IN 47150

Property Details for 1502 Beeler St

Year built

1926

Construction

STEEL FRAME

Lot size

0.97 lot acres

Property size

86,136 SF

Property type

Manufacturing properties

APN

22-05-04-201-391.000-008

APU

220504201391000008

Description

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.

Location Insight

City

New Albany

County

Floyd

State

Indiana

Longitude

-85.813

Latitude

38.2967

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments