624 State Street New Albany, IN
$ 13
Property Attributes
  • MLS#202108109
  • TypeCom Lease
  • CountyFLOYD
  • CityNew Albany
  • AreaNew Albany
  • Zip47150
  • StyleBusiness
  • Year Built1952
  • Taxes$ 16519
  • Price$ 13
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage26000
Listing Provided Courtesy Of:
Mike Kopp with RE/MAX FIRST-Commercial Group
Data Source:
Southern Indiana REALTORS Association, Inc.
Property Description

New owner of the former Save A Lot at 624 State Street in Downtown New Albany has plans for a complete renovation of the building for multiple tenants. We have National Brand interest and expect over 12,000sf of the 26,000sf available for rent to be leased quickly. The balance of just over 13,000sf can be configured for as little as 2000sf or upto 13,000sf. We have layouts that could be 3 tenants in the 13,000sf. There is a dock being reworked and can be accessible to tenants. Great ceiling height, open floor space, more than ample private parking for the tenants in the center and public street parking as well. Proposed facade changes and elevation will take place. With an ever growing "Downtown" population the need for a grocery is even greater than before. The City has offered potential incentives specifically for a grocery with qualifying interest. Zoning allows for restaurants, retail, office, medical, service business and more. Ask about TI allowance.

Price History
5/28/2021 Listed $13

General Features

Additional Parcels Description see agent remarks multi parcels
Business Type Restaurant
Current Use Medical/Dental
Leasable Area 26000
Listing Agent State License RB14037481
Property Sub Type Additional Business, Office, Retail
Property SubType Business
Property Type Commercial Lease
PropertyCondition Resale
Status Active
Township New Albany
Virtual Tour

Exterior Features

Lot Size Units Acres
Total Parking 110


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Lease Average in 47150

AVG $18,816
AVG 23
Year Built
AVG 1986

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