Description
Built in 1840, the Old Pike Inn stands at 941 State Street, an important road in New Albany's early history. Originally called the New Albany-Vincennes Road, it followed the path of the Buffalo Trace, a series of buffalo trails used by the early settlers, and became an important corridor for overland trade. This property has been meticulously renovated into two office spaces and three apartments fully occupied. Old Pike Inn is listed on the National Register of Historic Places. There are 3 HVAC systems, a new roof in 2023, new carpet and paint in two apartments in 2022. All leases are month to month. There's an abundance of parking in the off-street parking lot plus spaces behind the building that provide plenty of parking for the tenants and the public. The property is zoned Mixed Use Corridor Commercial. Profit & Loss Statement available to qualified buyers. This is a rare opportunity to own a profitable piece of history with apx. 4000 sq. ft. of leasable space. Call the list agent for additional details. Sq ft approx.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Built in 1840, the Old Pike Inn stands at 941 State Street, an important road in New Albany's early history. Originally called the New Albany-Vincennes Road, it followed the path of the Buffalo Trace, a series of buffalo trails used by the early settlers, and became an important corridor for overland trade. This property has been meticulously renovated into two office spaces and three apartments fully occupied. Old Pike Inn is listed on the National Register of Historic Places. There are 3 HVAC systems, a new roof in 2023, new carpet and paint in two apartments in 2022. All leases are month to month. There's an abundance of parking in the off-street parking lot plus spaces behind the building that provide plenty of parking for the tenants and the public. The property is zoned Mixed Use Corridor Commercial. Profit & Loss Statement available to qualified buyers. This is a rare opportunity to own a profitable piece of history with apx. 4000 sq. ft. of leasable space. Call the list agent for additional details. Sq ft approx.
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