Exceptional redevelopment opportunity in the heart of thriving downtown New Albany! Situated on a highly visible stoplight corner, this prominently located commercial building offers incredible potential for investors, developers, or owner-users. Previously configured with professional office space on the main level and apartments on the second floor, the property provides… Read More the flexibility to restore its previous mixed-use layout or reimagine the building as all residential apartments (subject to any required approvals). Located within the East Spring Street Historic District, this property combines historic character with an irreplaceable location; close proximity to: restaurants, shopping, entertainment, and ongoing downtown investment. The building appears to have solid bones but will require renovation, making it an ideal value-add project with significant upside. Rare opportunities like this in downtown New Albany don't come along often! Read Less
Courtesy of Schaefer Real Estate, LLC 502-552-4842
Listing Snapshot
Days Online
17
Property Type
Duplex
Square Ft.
2,864
Lot Size
0.06 Acres
Year Built
1919
MLS Number
2026010644
Additional Details
Basement
CrawlSpace
Building
Built in 1919, Architectural style: HistoricAntique, OneAndOneHalfStory, TwoStory, Construction materials: Frame, Levels: OneAndOneHalf, Two, 2, Structure type: Duplex, Quadruplex, Triplex, Toal building area: 2864
Lot
0.06 acres, 2,614 sqft
Sewer
PublicSewer
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