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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.

Overview

Property Status
For Sale
Lot Size
5,314.32 Sq.Ft.
MLS ID
202608604
Property Type
Commercial
Year Built
1947

Features & Amenities

Total Area
10,750 Sq.Ft.
Sales Price
$1,590,000
Real Estate Tax
$8,775/yr

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207-209 E Main Street

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for your interest in 207-209 E Main Street, New Albany, IN 47150

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207-209 E Main Street

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  • CallPaul Kiger

    License #IN: AB21004182 KY: RB14035922. CA DRE# 01963440

    (502) 314-6748
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