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$595,000

1217 E Spring Street New Albany, IN  47150

  • 5,935 sq. Ft

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Property Description for 1217 E Spring Street New Albany, IN 47150

Prime Commercial Opportunity! This expansive property, under 6,000 sq ft, offers exceptional potential for both residential and business use. The versatile layout provides endless possibilities for professional services, boutique businesses, or creative redevelopment. The second floor is perfectly suited for residential living, offering a unique live-work opportunity. With over 25 parking spaces—a rare find in downtown New Albany—the property ensures convenient access for clients or guests. Additionally, the second parcel, currently used for parking, can be sold separately, offering added investment potential. The interior features three bathrooms on the first floor and two full bathrooms on the second floor, adding to its functionality. Whether you’re seeking a unique investment opportunity or a combined live-work space, this property delivers flexibility and value in one incredible package. Don’t miss the chance to make it your own!

Address:1217 E Spring Street New Albany IN 47150
Status:Active
on site: 1 day
Price:$595,000
Bathrooms:0
Sq. Feet:5,935
Year Built:1929
County: Floyd
Township: New Albany
MLS #:2024012857
Property Type:Office

Directions:South on Charlestown New Albany Rd all the way to E Spring St. Location on the right.
Total Sq. Ft. :5,935
Sq. Ft. Source:Assessor

Loan Price
$4,014
Price And Interest $3,104/month
Property Tax $662/month
MTG INS $0/month
HOME INS $248/month
Price
$595,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$662/month
Home Owner Insurance
$2,976 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$3,971
Mandatory HOA Fee:$

Zip Code:47150

Total Sq. Ft.:5,935
Exterior Type:Frame
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Reed Martin with RE/MAX FIRST-Commercial Group

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





New Albany Market Report

315
Avg. DOM
$157.22
Avg. $ / Sq.Ft.
$ 250,000
Med. List Price

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