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918 E Market St
New Albany, IN 47150

Retail Property For Sale

Investment Highlights

  • High Visability Corner
  • Storefront on first floor
  • Apartment Upstairs with investment opportunity

Executive Summary

For SALE or LEASE!
Retail on first floor and apartment living on second floor.
*Income producing tenant upstairs, in an 18 month contract*
Lease includes 1st floor and basement
-2,122 sqft First Floor (Finished)
-1,229 sqft Basement (unfinished)
-$2,250 per month rent
Sale includes entire building
-5,588 sqft Entire Building
-1,229 sqft (unfinished)
-$275,000 sales price
-All Square footage will need to be verified by buyers agent. Apartment is vacant but if lease signed before closing tenant will stay or need to be bought out of lease.

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,588 SF
Building Class
B
Year Built
1919
Price
$394,369 CAD
Price Per SF
$71 CAD
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
20 Spaces (3.58 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-05-02-800-924.000-008
Land Assessment
$47,611 CAD
Improvements Assessment
$102,536 CAD
Total Assessment
$150,147 CAD
  • Listing ID: 32325442

  • Date on Market: 2024-07-02

  • Last Updated:

  • Address: 918 E Market St, New Albany, IN 47150

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