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Property Description

Award winning renovation. Preserved and modernized. Live, Work, and Play in Historic Downtown New Albany. This handsome 1919 building was developed by John Waggoner who is highly respected for quality workmanship in several downtown NA buildings. And like any great developer, he started in the basement by gutting it, reinforcing beams and joists, pouring new concrete floors, sandblasting the walls and ensuring it stays nice and dry. Next came a full upgrade in HVAC (5 units), electric (the panels are a thing of beauty) and beautiful plumbing. Next came the very thorough Sprinkler and Fire Alarm systems to protect this historic beauty. An interior, emergency stairwell was installed on the rear for ultimate safety. The has a new membrane slated to last 20 plus years. Seriously, this building had the royal treatment. The storefront is currently a high-end retailer featuring candle production and distribution. The back workroom has infrastructure to become a commercial kitchen. A little suite on the first-floor sublets for extra income. The second floor is a blank slate. Completely gutted and ready to build-out as a residential loft with fireplace or whatever your business plan requires. The third floor is equipped for business with a 1,200 sf open area, executive office, classroom, kitchenette, 2 bathrooms and a secure server room. Originally conceived as a call center, it's networked with fiber optics to accommodate 26 call center stations for a turnkey startup. Call today!

Overview

Property Status
Sold
Lot Size
3,920.4 Sq.Ft.
MLS ID
2024012213
Property Type
Commercial
Year Built
1888

Features & Amenities

Total Area
12,500 Sq.Ft.
Sales Price
$1,100,000
Real Estate Tax
$6,785/yr

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213 Pearl Street

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

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