826 Main St New Albany, IN 47150-5934
This exceptional 3,378-square-foot free-standing retail building, formerly Brownie's the Shed, presents a unique investment opportunity in New Albany's vibrant downtown. Built in 2003, this single-tenant property sits on a 0.68-acre lot and boasts a highly desirable D-Downtown zoning classification. The building features one story and offers ample parking with 45 spaces. The property's previous use as a Sand Volleyball Bar & Grill highlights its potential for a similar concept or a variety of other businesses. Two sand volleyball courts and outdoor seating areas are already in place, providing significant added value and appeal. The convenient location offers easy access to the Louisville/I-64 bridge, ensuring high visibility and accessibility for customers. The entire 3,378 square feet is currently vacant and ready for immediate occupancy. The property's APN is 22-05-00-300-777.000-008. This turnkey property is available for lease at $5,200 per month, NNN. Don't miss this chance to secure a prime location in a thriving market. Contact us today to learn more and schedule a showing.
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Neace Enterprises LLC Marketing & Advertising
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Brownies Sand Volleyball Gym & Fitness Center
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Falls City Kitchen - New Albany Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.