207-209 E Main ST, New Albany, IN 47150
207-209 E Main ST, New Albany, IN 47150
207-209 E Main ST, New Albany, IN 47150
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Shawne Mardis

Shawne Mardis

+1(502) 649-6720
$1,590,000
Est. payment /mo
5,314 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202608604

Construction Status Resale

Year Built 1947

Annual Tax Amount $8,775

Lot Size 5,314 Sqft

Acres 0.122

Property Sub-Type Business

Property Description

207 & 209 E. Main Street presents a fully leased mixed-use investment opportunity in the core of Downtown New Albany's rapidly expanding urban corridor. The historic three-story asset has been comprehensively renovated and professionally managed by The Resch Company, creating a stabilized mixed-use investment with strong operational history and long term ownership stewardship.

Positioned directly across from The Oxbow, a Denton Floyd Real Estate Group and The Wheatley Group's new 43 unit luxury mixed use development with Class A office and retail space; the property also benefits from proximity to The Resch Company's luxury townhome development with projected pricing in the $700s. These surrounding developments continue to reinforce the long term investment trajectory and residential demand growth within Downtown New Albany.

Originally constructed circa 1885, the property offers investors a stabilized urban mixed-use asset with diversified income streams, strong walkability, and continued upside tied to ongoing downtown redevelopment activity.

Location

State IN

County Floyd

Direction From New Albany take I-64E to exit 123 New Albany. Turn left onto W Main. Property will be on your left. Property is prominently located on Main St near Bank St.

Interior

Fireplace No

Exterior

Present Use Multi-Family,Restaurant

Building

Construction Status Resale

Others

Tax ID 0087810076

Virtual Tour https://listings.currentculturemedia.com/video/NYRxzEy656A7e1RYcFnjE01100BeJUPB01ZTMYPmV007lHo

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Listed by Coldwell Banker McMahan
Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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207-209 E Main ST

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