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(SOLD) $820,000

202 W Main Street New Albany, IN  47150

  • 10,200 sq. Ft

Property Description for 202 W Main Street New Albany, IN 47150

Downtown New Albany- Opportunity is knocking as this property is in the "Opportunity Zone". Zoned Downtown Commercial (office, retail. residential, restaurant, distillery, winery, brewery, recreational and several other businesses). The Riverfront Redevelopment District allows for a Beer, Wine and Liquor Permit for $1,000.00 a year. You are also in the TIF District. So you have 10,200 sf (4400sf is retail, 5800 is warehouse), thought is has private parking most all uses would qualify for the waiving of the parking ratio. There is ample free street parking and other City owned parking. Downtown has retail shops, various restaurants, banking services, all government level office (County, City, State & Federal). There are legal services, architects, civil services, churches and plenty of events through the year that the City and New Albany Main Street promote. Oh and there is the Harvest Homecoming which brings in upto 500,000 people in a 4 day period (depending on weather).

Address:202 W Main Street New Albany IN 47150
Status:Sold
Sold On: 11/27/2024
Price:$820,000
Bathrooms:0
Sq. Feet:10,200
Year Built:1969
County: Floyd
Township: New Albany
MLS #:2024011383
Property Type:Business

Directions:Louisville to I-64W cross Sherman Minton Bridge to Downtown NA. Go right Scribner Dr bldg is at Main St corner. I-65 to I-265W toward I-64 E. Exit #123. Main St bldg. on left.
Total Sq. Ft. :10,200
Sq. Ft. Source:Assessor

Loan Price
$5,204
Price And Interest $4,278/month
Property Tax $584/month
MTG INS $0/month
HOME INS $342/month
Price
$820,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$584/month
Home Owner Insurance
$4,104 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$3,507
Mandatory HOA Fee:$

Zip Code:47150

Total Sq. Ft.:10,200
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Mike Kopp 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

313
Avg. DOM
$157.18
Avg. $ / Sq.Ft.
$ 247,500
Med. List Price

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