For Sale
$275,000

918 Market St New Albany, IN 47150

4,251 SF Retail Space, Vacant, $275K

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property, located at 918 E Market St in New Albany, Indiana (47150), presents a unique investment opportunity. The storefront boasts 4,251 square feet of vacant retail space, zoned for commercial use, and is ready for immediate occupancy. The property's APN is 22-05-02-800-924.000-008. The asking price is $275,000. While currently vacant, the property includes an upper-level apartment that was previously leased for $2,250 per month under an 18-month contract. The sale includes the entire building, totaling 5,588 square feet, with an additional 1,229 square feet of unfinished basement space. The first floor comprises 2,122 square feet of finished space. Note that all square footage should be independently verified by the buyer. The apartment is currently vacant, but a lease signed before closing would allow the tenant to remain, or a buyout may be negotiated. This property offers significant potential for a variety of retail businesses and presents a strong income-generating opportunity with the potential for rental income from the upper-level apartment. This is a prime location in New Albany, Indiana, offering excellent visibility and accessibility.

Highlights

  • $275,000 asking price.
  • 4,251 square foot retail storefront.
  • Vacant, ready for immediate occupancy.
  • Located at 918 E Market St, New Albany, IN 47150.
  • Commercially zoned.
  • APN: 22-05-02-800-924.000-008.

Property Details for 918 Market St

Property type
Retail properties, Retail space
Square Feet
4,251 SF

Location Insight

City
New Albany
County
Floyd
State
Indiana
Latitude
38.2875955
Longitude
-85.8133112

FAQs

What type of property is this?
Retail property - 4,251 SF Retail Space, Vacant, $275K
Where is the retail property located?
The property is located at 918 Market St New Albany, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: $275,000 asking price.; 4,251 square foot retail storefront.; Vacant, ready for immediate occupancy.
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.
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918 Market St
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