207-209 E Main Street, New Albany, IN 47150

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,590,000
Status
ACTIVE
MLS#
202608604
Sq. Ft
10,750
Acres
0.12
Year Built
1947

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.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker McMahan.