New Albany, IN Retail Property For Sale

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Retail for Sale

New Albany, IN 47150

Approx 0.82 Acre available for sale fronting Charlestown Rd in New Albany.

Currently used for flower/produce sales but would suit a variety of retail/commercial development uses.

Property also includes residential rental properties of 1706 Abbie Dale, 1707 & 1709 Ormond Dr.

Part of Property is zoned MC (Mixed Use Commercial Corridor) and part MDR (Mixed Density Residential)

Call agents for details. Showing by appointment only.

Retail for Sale

New Albany, IN 47150

SALE INCLUDES .1653 ACRE LOT LOCATED ACROSS THE STREET AT 417 Pearl Street.

First time on the market!

Former bank and administrative building of approximately 15,800 +- sf calculated as follows: Approximately 7,186 +- sf of first floor plus lower level of approximately 8,633 +- sf. SF not warranted and is subject to final measurement.

Building is elevator served.

In addition, there is a 456 +- sf teller stand under a 7,440 +- sf, six lane covered drive through on 1.052 +- acres.

There is an additional .1653 +- acre parking lot across the street with an address of 417 Pearl Street.

Total acreage is 1.22 +- acres.

Bank building built in 1964; Drive through building built in 1988. Renovations and updates through the years.

Approximately 50 car parking (includes lot across the street).

Bank property is located at the signalized intersection of E. Spring Street & State Street. There are two curb cuts on State Street and two on Pearl Street.

PNC would like to do a sale leaseback for a one lane ATM to be relocated on site along State Street.

Building has a newer roof and mechanicals.

Large lot size allows for a variety of uses. Possible uses include government offices, entertainment venue including a banquet hall, brewery, distillery, underground bar/restaurant, residential/commercial mixed use.

Per Economic Development, the property is located in the Urban Enterprise Zone which could entitle a buyer to financial incentives as well as the TIF District and Opportunity Zone.

Square footage not warranted.

Retail for Sale

New Albany, IN 47150

This building speaks for itself. Located in the heart of Downtown New Albany, this is the perfect opportunity. The first floor is around 3,100 with exposed brick, two bathrooms, three separate offices, and more. The bottom floor could be used as one space, or separated into two. The second floor is leased until 2026.

The upstairs is leased and complete with 4 urinals, 4 toilets, 4 showers, 2 commercial kitchens with 2 microwaves, 2 refrigerators, 4 bedrooms, and a completely renovated space.

Retail for Sale

New Albany, IN 47150

Deal fell apart on buyers side. Bring Offer!!!! What a great location and Investment opportunity. Existing Liquor store business is a long term tenant and is NOT included but can stay of vacate. Property has a second vacant space with approximately 2000 sq foot with 1800 sq foot basement that has exterior exit and interior stairs. Listing includes 75 W 10th street.

Retail for Sale

New Albany, IN 47150

DO NOT MAKE CONTACT WITH EMPLOYEES OR MANAGERS of the Save A Lot Grocery (Tenant). This grocery store, currently still in operation and has been for decades, is planned for availability in the coming months. Located in a very vibrant Downtown New Albany with restaurants, pubs, boutique shops, entertainment, recreation and a nearby Casino. Across from a Family Dollar and near many national brands, hotels, legal, financial and government facilities. This location started as a Kroger Grocery in 1952 and has served the community for decades as a grocery store. The area still wants and needs a grocery store. Ample parking for the store size apprx 26,812 SF. Incentives are available as the site is in Urban Enterprise Zone, TIF- tax increment financing, City Limits and the Opportunity Zone and some Indiana State incentives may be available. You should discuss those incentives with One Southern Indiana which is our local Chamber of Commerce and the City Redevelopment Director and share your plan, number of employees, job created (part and full time). Current Tenant is vacating June 2020. Building is for sale or lease. Contact me for an appointment which may take 72 hrs for approval.

Retail for Sale

New Albany, IN 47150

Looking for an opportunity to own a bar/restaurant?! Here's your chance! Uptown Bar has been a popular choice by many! Perfect spot for lunch or dinner, enjoy a night out with friends playing pool, singing karaoke or having time to yourself. Conveniently located, just minutes to Downtown New Albany & Downtown Louisville. Property is zoned C2 and consists of 3 parcels totaling 0.368 acres. Along with the property itself, Uptown Bar owns their Beer, Wine & Liquor License; meaning you can sell anywhere in Floyd Co., creating more possibilities! They also have their Gaming Endorsement Permit and Tobacco Sale Certificate. All gaming equipment along with pool tables, dartboard and bar decor stay with the building. All kitchen equipment included. (grill, deep fryer, coolers, freezers). Small detached office space also on property that can be used as rental property. Lots of parking!!!

Retail for Sale

New Albany, IN 47150

Next door to Uptown New Albany growth, newly remodeled White Castle and Ralley's. Many potential uses, not limited to Fast Casual dining, oil/tire franchise, offices, etc. Key location between downtown New Albany and Clarksville, Indiana. Also available for lease.

Retail for Sale

New Albany, IN 47150

JUST REDUCED- DOWNTOWN NEW ALBANY- Located in the New Federal Opportunity Zone (see link provided). Here's your chance to get over 10,000sf of building 2 story plus a basement. See attached history document. Could be a lot of things to include a nice multi-family project, office, brewery, distillery and others. Walk to the grocery, walk a block and enjoy all of Downtown New Albanys restaurants, retail, farmers market, community theater, government services, post office, legal and financial services, the Bi-Centennial Park, local ball park, various performing arts events, the YMCA, the riverfront and much more. Per owner- New roof (shingles, sheeting and underlayment) in 2017 with more than half of all trusses being replaced as needed, demo was done, partial floor reworked and completed, piers added for floor support, lots of tuck-pointing completed, lots of great timber will remain with the property. SOLD "AS IS". Call me for an appt.

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