1502 Beeler St New Albany, IN 47150-3160

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.