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207-209 E Main Street

New Albany, IN 47150
  • $1,590,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 202608604
$1,590,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

Description

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.

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© 2026 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Real Broker LLC. Data last updated: 2026-06-13T00:04:38.813.
www.wsghomesandproperties.com/homes/176896543
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207-209 E Main Street New Albany, IN 47150

  • Price: $1,590,000
  • Status: Active
  • On Site: 16 Days
  • ID#: 202608604
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1947
Built
County:
Floyd
Area:
New Albany
Property Description
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.
Interior Features

Building Area Total 10750

Property Features

Business Type Restaurant Current Use Multi- Family Restaurant Property Condition Resale Property Sub Type Business Property Sub Type Additional Business Multi Family Tax Annual Amount 8775 Township New Albany

Listing courtesy of Paul Kiger at Coldwell Banker McMahan: 812-949-0202.


© 2026 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Real Broker LLC. Data last updated: 2026-06-13T00:04:38.813.
 
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