1638 E Market St
1638 E Market St, New Albany, IN 47150
Overview
Fully renovated mixed-use commercial building ideally positioned on East Market Street, just minutes from downtown New Albany. This asset offers a compelling blend of owner-user flexibility and in-place income, making it well-suited for investors or businesses seeking a flagship presence with supplemental revenue.
An additional 562 square feet of second-floor professional office space provides further flexibility, complete with two private offices, a full bathroom, and a dedicated entrance—ideal for executive use or ancillary leasing.
The property is further strengthened by a stabilized second-floor anchor tenant occupying approximately 2,700 square feet for office/support center operations, providing consistent income and reducing overall occupancy risk.
Convenient access is supported by both on-street and off-street parking options, enhancing usability for tenants, clients, and customers alike.
Lease Spaces
| Name | Floor | Rate | SF | Former Use | Vacant | Status | Media | |
|---|---|---|---|---|---|---|---|---|
| Two Private Office - New Albany | 2 | $12 /SF/Year | 562 SF | Executive Suites | Yes | available |
Attachments
For Lease
- Lease Rate
- $12 SF/year
- Available SF
- 562 SF
- Building Size
- 6,460 SF
- Acres
- 0.157 ac
- Zoning
- C-2
- Zoning Desc.
- General Business
- Lease Type
- NNN
- Expenses
- $1.20 /SF
- Expenses Type
- CAMs
- Signage
- On Building
- Showing
- Contact Broker/Agent
- Building Name
- E. Market Street Retail & Office
- Building Class
- B
- Floors
- 2
- Parking Spaces
- 8
- Property Use Type
- Net Leased (NNN)
- Ceiling Height
- 11'
- County
- Floyd
- Listed
- 04/14/2026
- Updated
- 05/14/2026
- Listing ID
- 3bcc6234
- Parcel APN
- 22-05-02-800-785.000-008