$1,590,000
 $9,028 est/mo Sourced by Back At You

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

New Albany, IN 47150

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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.

Details

MLS #202608604
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site116
Listing Provided ByColdwell Banker McMahan | Paul R Kiger II

Features

SQ Feet10,750
Units5
Acreage0.12

Taxes

Tax Annual Amount8775

Area Information

StateIN
CountyFloyd
CityNew Albany
Zip Code47150
Listing VS Median (in 47150)
Price:
$1,590,000
low | high
Med:
$249,700
100% of Average
sqft:
10,750
low | high
Med:
1,538
100% of Average
$ / sqft:
$148
low | high
Med:
$171
34.543116367194% of Average
On site:
116
low | high
Med:
10
100% of Average
Sourced by Back At You

Market Activity 47150

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Additional Information

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Contact

Learn More About This Property

Tim Finnell

Tim Finnell

Coldwell Banker McMahan

 (859) 699-7878tfinnellky@gmail.com
StateIN
CountyFloyd
CityNew Albany
Zip Code47150
Listing VS Median (in 47150)
Price:
$1,590,000
low | high
Med:
$249,700
100% of Average
sqft:
10,750
low | high
Med:
1,538
100% of Average
$ / sqft:
$148
low | high
Med:
$171
34.543116367194% of Average
On site:
116
low | high
Med:
10
100% of Average
Sourced by Back At You
Listing Updated: September 8, 2026 at 1:31:47 PM PDT

Tim Finnell - Coldwell Banker McMahan