11
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$2,395,000
Est. payment /mo
2,178 Sqft Lot
New
145 E Main ST New Albany, IN 47150
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026010321
Construction Status Resale
Year Built 1936
Annual Tax Amount $13,572
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Business
Property Description
***NOW OFFERING FLEXIBLE OWNER FINANCING*** Presenting a rare opportunity to acquire a flagship mixed-use asset in the heart of historic downtown New Albany.? 145-151 E Main St underwent a comprehensive luxury renovation in 2023, transforming this iconic structure into 10 high-end residential apartments and a commanding 5,800 SF ground-floor commercial space complete with a fully equipped commercial kitchen.? This property is 100% leased with gross rents over $222,000 annually.?
Positioned along the vibrant Main Street corridor and just minutes from downtown Louisville, this best-in-class property offers exceptional tenant appeal, walkable amenities, and strong long-term upside in a supply-constrained submarket.? This area has experienced substantial revitalization over the past 15 years, with the introduction of urban living spaces, cultural venues, and a variety of dining and entertainment options, contributing to the district's vibrant community atmosphere.? This marquee investment opportunity is ideal for investors seeking an institutional-grade, turnkey asset in a thriving urban setting.?
Follow below link to view google map, once the map opens, click 3D in the lower right corner of the screen:
https://earth.?google.?com/earth/d/1l6ritEoMD1P7Sx9IQlfpqMgGhw5s7ey9?usp=drive_link
If interested in seeing financials, please follow link below to CA:
https://docs.?google.?com/forms/d/e/1FAIpQLScIpFXoUw_XUi12dxCFEvUY0MXm5_Qp7xCxDa1idiwzZIbtrQ/viewform?usp=sharing
Positioned along the vibrant Main Street corridor and just minutes from downtown Louisville, this best-in-class property offers exceptional tenant appeal, walkable amenities, and strong long-term upside in a supply-constrained submarket.? This area has experienced substantial revitalization over the past 15 years, with the introduction of urban living spaces, cultural venues, and a variety of dining and entertainment options, contributing to the district's vibrant community atmosphere.? This marquee investment opportunity is ideal for investors seeking an institutional-grade, turnkey asset in a thriving urban setting.?
Follow below link to view google map, once the map opens, click 3D in the lower right corner of the screen:
https://earth.?google.?com/earth/d/1l6ritEoMD1P7Sx9IQlfpqMgGhw5s7ey9?usp=drive_link
If interested in seeing financials, please follow link below to CA:
https://docs.?google.?com/forms/d/e/1FAIpQLScIpFXoUw_XUi12dxCFEvUY0MXm5_Qp7xCxDa1idiwzZIbtrQ/viewform?usp=sharing
Location
State IN
County Floyd
Interior
Fireplace No
Exterior
Present Use Hotel/Motel,Multi-Family,Restaurant,Retail
Building
Construction Status Resale
Others
Tax ID 0087810067
Listed by Richard Dean Realty
Moya Jackson
Principal Broker/Owner | License ID: 276120
+1(502) 432-0705 | moya@thecollectiverealtyco.com