141 E Main St New Albany, IN 47150
For Sale
1 / 13
Purchase and/or Lease Opportunity in Downtown New Albany across from the New City Hall. Currently the 1st floor is immediately available to lease. The 2nd floor has a tenant. 1st floor can be office, restaurant or retail. There is a basement with separate access from each of the 2 tenant spaces. With over $100 Million Dollars in 3 huge new Developments announced in Downtown showing yet even more great promise and a proven market with customers. Several great retailers, urban upscale apartments, choice restaurants, wineries,breweries, all levels of government offices, auto services, medical and health services, financial, legal and civil offices and a VERY Walkable Downtown for family to enjoy. Ample street parking and you're just feet away from a huge City owned free parking lot. Available incentives, if you qualify, include a $1,000/yr 3 way liquor license, Urban Enterprise Zone (UEZ), Tax Increment Financing (TIF), Historic District, Opportunity Zone and a local low interest Casino Revolving Loan Fund of up to $50,000. Come see what it is that brings businesses to Downtown New Albany and you too will join them for good things to come. Call, text or email for an appt within 48 hours.
-
High Street Apothecary Bar & Pub Nightclub
-
Disc Golf Mart- New Albany (Bike/Boat/Book/etc) Store
-
Disc Crazy (Bike/Boat/Book/etc) Store
-
Keystone Restoration Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.