For Lease
$6.36/SF/YR

918 Market St New Albany, IN 47150

Prime Retail Space, Lease or Buy

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional New Albany property offers a unique investment opportunity, combining retail space on the first floor with apartment living above. The first floor boasts 2,122 square feet of finished retail space, ideal for a variety of businesses. A spacious unfinished basement adds an additional 1,229 square feet, providing ample storage or expansion potential. The property is zoned commercial and is available for both lease and sale. The lease option includes the first floor and basement, totaling 3,351 square feet, at a monthly rate of $2,250. For those seeking ownership, the entire building, encompassing 5,588 square feet (including the unfinished basement), is offered at a sale price of $320,000. The upper floor currently features a vacant apartment; however, if a lease is signed before closing, the tenant may remain or a buyout may be negotiated. The building is a two-story structure located near E 10th Street, with the property's APN listed as 22-05-02-800-924.000-008. All square footage should be independently verified by prospective buyers. This versatile property presents a compelling opportunity for both retail businesses and investors seeking a strong return. The single-tenant setup offers simplicity and control, while the potential for expansion and diverse income streams makes this a truly attractive proposition.

Highlights

  • First-floor retail space totaling 3,351 square feet, available for sale or lease.
  • Single-tenant occupancy.
  • Two-story building with a finished first floor of 2,122 square feet and an unfinished 1,229-square-foot basement.
  • Asking rent: $2,250 per month (lease includes first floor and basement).
  • Asking price: $320,000 (sale includes the entire 5,588-square-foot building).
  • Located near E 10th Street, zoned Commercial (APN: 22-05-02-800-924.000-008).

Property Details for 918 Market St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
3,351 SF
Stories
2

Unit(s) available at that property

Space
Size
3,351 SF
Rate per SF
$6.36

Location Insight

City
New Albany
County
Floyd
State
Indiana
Latitude
38.28780272183
Longitude
-85.813478912075

Nearby Similar for Lease

  • For Lease
    $14.50/SF/YR

    Cobbler's Place Endcap Retail/Office

    Prime 3,150 sq ft endcap with drive-thru.

    5170 Charlestown Rd
    New Albany, IN
    View Details
  • For Lease Call for price

    State Street Medical Office Space

    Prime Medical Office, 2,500 SF Available

    1700 State St
    New Albany, IN
    View Details
  • For Lease
    $14.50/SF/YR

    New Albany Executive Office Space

    Prime New Albany office building, flexible suites available.

    821 Mount Tabor Rd
    New Albany, IN
    View Details
  • For Lease Call for price

    New Albany Medical Office Space

    Modern, Class A office suite available.

    4000 Technology Ave
    New Albany, IN
    View Details
  • For Lease
    $10/SF/YR

    Downtown New Albany Office Space

    Prime New Albany office suites, flexible layouts.

    400 State St
    New Albany, IN
    View Details
  • For Lease
    $14.50/SF/YR

    Prime New Albany Retail Center

    Three 1,400 SF Suites Available

    2119 Spring St
    New Albany, IN
    View Details

FAQs

What type of property is this?
Retail property - Prime Retail Space, Lease or Buy
Where is the retail property located?
The property is located at 918 Market St New Albany, IN.
What is the lease rate?
The lease rate is $6.36/SF/YR.
What are key features of this property?
This property features: First-floor retail space totaling 3,351 square feet, available for sale or lease.; Single-tenant occupancy.; Two-story building with a finished first floor of 2,122 square feet and an unfinished 1,229-square-foot basement.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Bobby Bass
Bobby Bass
Kane Fullen
Kane Fullen
Visit Broker Website

Learn more

Useful Information

Request information

Market St
New Albany, IN 47150

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Market St
New Albany, IN 47150

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

918 Market St
  • Bobby Bass
    Bobby Bass
  • Kane Fullen
    Kane Fullen
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.