207-209 E Main Street

New Albany, IN 47150

About this property

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.

About this property

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.

Features and Additional Information

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$1,590,000 Active
10,750 sqft

Presented By Rachel Lopez

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Coldwell Banker McMahan
1-859-266-1800
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Area Information

| Floyd County |

$ 1,590,000
This listing is play_arrow 546.6% higher than the average in the area
$ 245,900 in the area
10,750 SqFt
This listing is play_arrow 590.4% larger than the average in the area
1,557 SqFt in the area
$ 148 $/SqFt
This listing is play_arrow 10.0% less than the average in the area
$ 164 $/SqFt in the area
140 days on site
This listing is play_arrow 617.9% above the average in the area
20 days on site in the area

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Listed By Paul R Kiger II
Brokerage: Coldwell Banker McMahan

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