Address
207-209 E Main Street, New Albany, IN
Price
$ 1,590,000
Property Attributes
- MLS#202608604
- TypeSingle Family
- Listing Status Active
- CountyFloyd
- CityNew Albany
- AreaNew Albany
- Zip47150
- Style
- Year Built1947
- Taxes$ 8775
- Price$ 1,590,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.122 Acres
Data Source:
Southern Indiana REALTORS® Association (SIRA)
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.
| Price History | |
|---|---|
| 5/27/2026 | Listed $1,590,000 |
General Features
| Year Built | 1947 |
|---|---|
| Township | New Albany |
| Property Subtype | Business |
| County | Floyd |
| Property Type | CommercialSale |
| Status | Active |
| Directions | From New Albany take I-64E to exit 123 New Albany. Turn left onto W Main. Property will be on your left. Property is prominently located on Main St near Bank St. |
| City | New Albany |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5314.32 |
| Tax Annual Amount | 8775 |
| Property Condition | Resale |
| Standard Status | Active |
| Property Sub Type Additional | Business,MultiFamily |
Exterior Features
| Lot Size Area | 0.122 |
|---|---|
| Building Area Total | 10750 |
| Lot Size Acres | 0.122 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 47150
Price
Taxes
Year Built
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