207-209 E Main Street New Albany, IN 47150

Other MLS #: 202608604 Courtesy Of Coldwell Banker McMahan

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Building Units: 5
  • Legal Description: P.93 PRT. L.18-20 207 E. MAIN ST.
  • MLSID: 202608604

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207-209 E Main Street, New Albany, IN 47150
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