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… Read More 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. Read Less
Courtesy of Coldwell Banker McMahan 812-949-0202
Listing Snapshot
Days Online
104
Property Type
Business
Square Ft.
10,750
Lot Size
0.12 Acres
Year Built
1947
MLS Number
202608604
Additional Details
Building
Built in 1947, Toal building area: 10750
Lot
0.122 acres, 5,314 sqft
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