New Albany, IN Retail Property For Sale

Great location ! Multi Use Commercial Corridor. Once was used as a Salon. Large open rooms, with entry from the front or back. Bathroom on the main level. 2 rooms upstairs and a full basement with a bath. Over 7,400 Sq ft of paved parking lot with 25 parking spaces. includes a double lot. All sq ft and measurements are approx. Buyer to do due diligence with planning and zoning.

Qualified investors are extended the opportunity to acquire a 100.0% fee simple interest in a newly constructed NNN lease Starbucks in north-eastern New Albany, IN (Floyd County), one of the city’s most affluent and fastest growing commercial and residential corridors. The initial lease term for the new Starbucks is ten (10) years with four (4) five (5) year extension terms.

The property is part of a 6-acre multi-tenant retail development fronting Charlestown Road (Hwy 311), a four lane north-south thoroughfare that intersects at I-265 at a full exchange. Starbucks is positioned at the corner of Charlestown Road & Northside Drive with excellent access and exposure to the main thoroughfare. The intersection is anchored by Meijer’s, Regal Cinemas, and Northside Christian Church, one of the largest churches in the MSA with over 10,000 members.

Most of new retail construction within Floyd County over the past 10 years has occurred along Charlestown Road, and as a result this area has become the preeminent commercial hub of Floyd County, due in large part to its accessibility and strong neighborhood demographics. New Albany is also home to several large Business and Industrial parks and Indiana University Southeast. The university currently has 800 employees and an enrollment of 6,200 students.

Check out this great commercial property! With having a history as a hair salon and a bakery makes this a great location for a business that requires foot traffic and visibility. Additionally, being situated on a corner lot with ample parking is a great advantage, as it can attract more customers and make accessibility easier for clients. The combination of retail space and warehouse space is also appealing. This could give you the flexibility to either run a retail business with storage capabilities or even consider leasing out part of the property to other businesses for additional income streams. sq ft is approximate if critical buyers should verify

LOCATION! LOCATION! LOCATION! Established Buy Here/Pay Here Car Lot business serving the Downtown New Albany and surrounding areas. Specializing in the sales of used vehicles. This prime corner car lot presents an exceptional opportunity to continue to establish your automotive business in a high-visibility location. With ample space for showcasing vehicles. Conveniently accessible from major highways and main roads, this car lot ensures your customers can easily find you. Whether you're an established car dealer or an aspiring entrepreneur, this car lot offers the flexibility to create a brand that stands out. Opportunities like this are rare and highly sought after! This would be a great location for another car lot or adding some apartments! sq. ft. is approximate if critical buyers should verify.

So much potential with this downtown commercial building on the corner of 7th and Spring St next to Kraft’s Funeral Home’s beautiful deco building and across the Street from St. Mary’s church and the old Civil War Hospital. Built in 1955, it was designed and used as a doctor’s practice until the second floor was repurposed in 2013 as open area office space. Each floor has over 2,200 sf and 2 half baths. The first floor has a fun Mid-Century Modern feel to it with vintage cabinetry, trim and doors and ribbed glass for privacy windows. There are lots of built-ins and it features 8 exam rooms/offices, a waiting room and reception/operations area. Currently being rented as a hair stylist that reinvented

that space to suit her needs. The second floor and its private entrance has been remodeled into 2 “wings” each secured by a set of French doors and each featuring a large open area. The largest open area is about 20’x22’ or about 440 sf and features a break room kitchen, computer server station and 2

adjacent office spaces. The other open area is about 18’x18’or 324 sf surrounded by 4 offices and en suite half bath and a big storage closet. There are 3 HVAC systems, an outside storage room and 6 parking spaces. The building is zoned Traditional Residential and could be converted into living space. It’s located in the Urban Enterprise Zone and the Midtown Neighborhood Stabilization Target area. It’s also part of the East Spring St Historic district and exterior restrictions apply, and it’s part of the National Historic Register and qualifies for renovation tax credits from the State of Indiana.

-4,944± square foot freestanding building available

-1.16± acre

-Great visibility from Grant Line Road

-Situated at the Grant Line Road exit from Interstate 265, Louisville’s outer beltway

-Pylon signage available

-Adjacent to McDonald’s, Arby’s, Taco Bell, Domino’s

-Located just south of Indiana University Southeast (3,672 students; 384 employees)

-Grant Line Road traffic count: 18,700 CPD

- Former Kroger (37,672 SF) & Small Shop Space (1,978 & 1,849 SF)

- Close proximity to First Financial Bank, Planet Fitness, Walmart, Advanced Auto Parts, Pizza Hut, Burger King and Circle K

- 7 minutes (3 miles) from Downtown New Albany and 15 minutes (12 miles) from Downtown Louisville.

- Daytime employment more than 37,121 within a three-mile radius

- Zoned HC - Highway Oriented Commercial