Storefront

New Albany, IN Storefront Properties for Sale

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Historic Mixed-Use Retail Building
Updated: Aug 1, 2018
Historic Mixed-Use Retail Building

221-225 Pearl Street, New Albany, IN 47150

$349,000
Historic Italianate brick building with hooded arched windows; two- and three‑story design
Two retail spaces plus two rehabbed apartments ready for leasing (some paint and flooring needed)
Right side currently leased, with horizontal picture windows, gated entrance, and workshop/kitchen space plus a floor display area
Includes a rehabbed standalone shotgun‑shaped space used as an art gallery in recent years
Additional unfinished two‑story unit in the building; buyer will need to create new access to that space
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Albany, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

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.

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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.

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Jeffersonville Retail Investment Opportunity
Jeffersonville Retail Investment Opportunity

516 E 10th St, Jeffersonville, IN

Contact for pricing
0.13 AC lot

Income-producing retail property in a growing Jeffersonville area.

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Turnkey Beauty Salon Retail Space
Turnkey Beauty Salon Retail Space

1850 1/2 E Eighth Street, Jeffersonville, IN 47130

$94,900

Established salon suite with multiple styling stations, nail spaces, shampoo bowls, and a large on-site parking lot.

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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.

Commercial Development Land Opportunity
Commercial Development Land Opportunity

2459 S Dixie Boulevard, Radcliff, KY 40160

$495,000
1.35 AC lot

1.35-acre commercial lot with utilities available and paved access, positioned across from Ansar Plaza in South Radcliff.

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Commercial Land in Madison, Indiana
Commercial Land in Madison, Indiana

600 Green Road, Madison, IN 47250

$79,900

High-traffic commercial land with city utilities available.

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Paved Commercial Development Lot
Paved Commercial Development Lot

8643 W College Street, French Lick, IN 47432

$100,000
0.40 AC lot

A fully paved commercial lot with joint-easement access to a back parking area.

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Prime Corner Lot for Development
Prime Corner Lot for Development

14 Eagle Lake Drive, Lawrenceburg, KY 40342

$1,290,000
1.72 AC lot

Shovel-ready 1.72-acre corner lot in thriving business development.

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New Albany, IN Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in New Albany, IN on our real estate platform.

Sale prices for retail units in New Albany, IN average $349,000 — 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 6
Auto shops 1
Automotive properties 1
Shopping centers 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 $150K

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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