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    New Albany, IN
    Retail

    New Albany, IN Retail Space for Sale

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    Downtown New Albany Opportunity
    Updated: Apr 4, 2024
    Downtown New Albany Opportunity

    141 E Main St, New Albany, IN

    $795,000
    3,374 sqft 0.08 AC lot
    Prime downtown New Albany location across from City Hall.
    Flexible 1st floor space suitable for office, restaurant, or retail use.
    Proximity to $100 Million in new downtown developments.
    Access to potential incentives: liquor license, UEZ, TIF, Historic District, Opportunity Zone, and Casino Revolving Loan Fund.
    Basement with separate access for each tenant space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    141 E Main St, New Albany, IN

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $604K
      Suggested

    • Property Type

      Single Family Residence
      Built 1929
    View Property Analytics
    Retail Storefront with Billboard Income
    Updated: Jun 8
    Retail Storefront with Billboard Income

    1100 W Main St, New Albany, IN 47150

    $150,000
    640 sqft
    640 SF commercial‑use building on a high‑traffic street.
    Billboard on‑site generates $1,500 in annual rent.
    Includes 2 storage‑use semi‑trailers: one 42' and one 53'.
    Aerial map suggests the building does not appear to be in a flood zone, but part of the site is in a flood designated area.
    City zone map shows zoning LDR/SS (low density residential/steep slopes); current use has included a variety of commercial uses, and zoning variance may not be required depending on use.
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    East End Retail Opportunity
    East End Retail Opportunity

    514 Vincennes St, New Albany, IN 47150

    $350,000
    1,350 sqft

    Freestanding building with drive-thru in New Albany, Indiana.

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    Historic Mixed-Use Retail Building
    Historic Mixed-Use Retail Building

    221-225 Pearl Street, New Albany, IN 47150

    $349,000

    Historic Italianate brick facade with two retail spaces, two apartments, and an additional unfinished two-story area.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 4 Active listings in New Albany, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Detached Office and Service Building
    Detached Office and Service Building

    122 Bowling Lane, Clarksville, IN 47129

    $300,000
    1,482 sqft 0.46 AC lot

    Single-level detached building with paved parking and covered entry, suited for office, medical, retail service, or other professional uses.

    View details
    Freestanding Retail Storefront Opportunity
    Freestanding Retail Storefront Opportunity

    2421 W Market St, Louisville, KY 40212

    Contact for pricing
    11,052 sqft 0.82 AC lot

    Vacant single-story retail building offered AS-IS with ground-level access and storage, pending required renovations.

    View details
    West Market Freestanding Retail Opportunity
    West Market Freestanding Retail Opportunity

    2421 W Market St, Louisville, KY

    Contact for pricing
    0.62 AC lot

    Freestanding retail building on West Market Street available for sale.

    View details
    Stand-Alone Retail/Office Building
    Stand-Alone Retail/Office Building

    525 E Lewis And Clark Parkway, Clarksville, IN 47129

    $199,900
    1,694 sqft

    Stand-alone building zoned B-2, sold as-is, with owner financing and a 1–5 year lease option available.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in New Albany, IN

    Consider similar Off-Market properties in New Albany, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1801 Spg St
    RETAIL STORES (PERSONAL SERVICES)

    1801 Spg St, New Albany, IN 47150-1695

    Value Estimation by Request
    7,584 sqft 0.22 AC lot
    View details
    523 Vincennes St
    RETAIL STORES (PERSONAL SERVICES)

    523 Vincennes St, New Albany, IN 47150-3051

    Value Estimation by Request
    240 sqft 0.36 AC lot
    View details
    1217 Silver St
    RETAIL STORES (PERSONAL SERVICES)

    1217 Silver St, New Albany, IN 47150-2729

    Value Estimation by Request
    12,666 sqft 1.61 AC lot
    View details
    212 Scribner Dr
    RETAIL STORES (PERSONAL SERVICES)

    212 Scribner Dr, New Albany, IN 47150-3572

    Value Estimation by Request
    4,182 sqft 0.09 AC lot
    View details
    1728 State Rd 111
    RETAIL STORES (PERSONAL SERVICES)

    1728 State Rd 111, New Albany, IN 47150

    Value Estimation by Request
    7,380 sqft 0.41 AC lot
    View details
    2615 Charlestown Rd
    RETAIL STORES (PERSONAL SERVICES)

    2615 Charlestown Rd, New Albany, IN 47150-2528

    Value Estimation by Request
    1,705 sqft 0.41 AC lot
    View details
    3417 Grant Line Rd
    RETAIL STORES (PERSONAL SERVICES)

    3417 Grant Line Rd, New Albany, IN 47150-3693

    Value Estimation by Request
    1,641 sqft 4.86 AC lot
    View details
    134 Elm St
    RETAIL STORES (PERSONAL SERVICES)

    134 Elm St, New Albany, IN 47150-3459

    $815,000
    Estimated value
    8,640 sqft 0.21 AC lot
    View details
    2255 Charlestown Rd
    RETAIL STORES (PERSONAL SERVICES)

    2255 Charlestown Rd, New Albany, IN 47150-2570

    Value Estimation by Request
    2,117 sqft 0.09 AC lot
    View details
    918 Market St
    RETAIL STORES (PERSONAL SERVICES)

    918 Market St, New Albany, IN 47150-2935

    Value Estimation by Request
    5,400 sqft 0.15 AC lot
    View details
    527 Pearl St
    RETAIL STORES (PERSONAL SERVICES)

    527 Pearl St, New Albany, IN 47150-3326

    Value Estimation by Request
    6,975 sqft 0.33 AC lot
    View details
    1529 Chartres St
    RETAIL STORES (PERSONAL SERVICES)

    1529 Chartres St, New Albany, IN 47150-3115

    Value Estimation by Request
    3,600 sqft 0.32 AC lot
    View details
    3095 Blackiston Ml Rd
    RETAIL STORES (PERSONAL SERVICES)

    3095 Blackiston Ml Rd, New Albany, IN 47150-9578

    $620,000
    Estimated value
    4,872 sqft 0.78 AC lot
    View details
    Slate Run Rd At Shelby St
    RETAIL STORES (PERSONAL SERVICES)

    Slate Run Rd At Shelby St, New Albany, IN 47150

    Value Estimation by Request
    1,164 sqft 0.15 AC lot
    View details
    313 Spg St
    RETAIL STORES (PERSONAL SERVICES)

    313 Spg St, New Albany, IN 47150-3424

    Value Estimation by Request
    3,168 sqft 0.03 AC lot
    View details
    1717 Charlestown Rd
    RETAIL STORES (PERSONAL SERVICES)

    1717 Charlestown Rd, New Albany, IN 47150-2549

    Value Estimation by Request
    1,440 sqft 0.04 AC lot
    View details
    1208 State St
    RETAIL STORES (PERSONAL SERVICES)

    1208 State St, New Albany, IN 47150-4864

    Value Estimation by Request
    1,024 sqft 0.22 AC lot
    View details
    4343 Security Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    4343 Security Pkwy, New Albany, IN 47150-9374

    $2,725,000
    Estimated value
    33,222 sqft 4.09 AC lot
    View details
    St At State St
    RETAIL STORES (PERSONAL SERVICES)

    St At State St, New Albany, IN 47150

    Value Estimation by Request
    1,717 sqft 0.15 AC lot
    View details
    615 Mt Tabor Rd
    RETAIL STORES (PERSONAL SERVICES)

    615 Mt Tabor Rd, New Albany, IN 47150-2210

    Value Estimation by Request
    8,136 sqft 1.52 AC lot
    View details

    New Albany, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in New Albany, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,364 square feet of properties for sale, with an estimated market value of $1,295,000.

    Sale prices for retail space in New Albany, IN start at $150,000, averaging $431,666, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +3.7%
    Median Household Income $62,212
    College Educated 18.3%

    High-Yield Neighborhoods for Investment

    Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47150 $250K

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $33.47 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Floyd County

    New Delisted

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