Downtown New Albany- FOR SALE
141 E Main St, New Albany, IN 47150

Overview
Okay for starters- It has a brand new roof & gutters in April 2025. Removed old materials, stripped down to wood deck, added new 1/2 wood fiberboard, added 1 inch of polyurethane foam sprayed on the fiberboard, added silicone roof coating over the foam, added the 3M ceramic granules and embedded into silicone topcoat all with a 10-year manufacturers warranty. $45,777.00 (WOW!) So now what we have is a Purchase and/or Lease Opportunity in Downtown New Albany across from the New City Hall. Currently the 1st floor is immediately available to lease. The 2nd floor has a tenant. 1st floor can be office, restaurant or retail. There is a basement with separate access from each of the 2 tenant spaces. With over $100 Million Dollars in 3 huge new Developments proposed and announced in Downtown showing yet even more great promise and a proven market with customers. Several great retailers, urban upscale apartments, choice restaurants, wineries,breweries, all levels of government offices, auto services, medical and health services, financial, legal and civil offices and a VERY Walkable Downtown for family to enjoy. Ample street parking and you're just feet away from a huge City owned free parking lot. Available incentives, if you qualify, include a $1,000/yr 3 way liquor license, Urban Enterprise Zone (UEZ), Tax Increment Financing (TIF), Historic District, Opportunity Zone and a local low interest Casino Revolving Loan Fund of up to $50,000. Come see what it is that brings businesses to Downtown New Albany and you too will join them for good things to come. Call, text or email for an appt within 48 hours.
Links
For Sale
Secondary Uses: Free Standing
- Sale Price
- $795,000
- Price Per SF
- $78.54/SF
- Building Size
- 10,122 SF
- Acres
- 0.082 ac
- Zoning
- D- Downtown
- # of Buildings
- 1
- Floors
- 2
- Year Built
- 1919
- Construction Type
- Framed
- Nearest MSA
- Louisville/Jefferson County
- Property Status
- Existing
- In Opportunity Zone
- Yes
- Power Provider
- Private - Duke Energy
- Water Provider
- Private - American Water Corp
- Gas Provider
- Private - CenterPoint Energy
- County
- Floyd
- Available
- 04/04/2025
- Listed
- 04/04/2024
- Updated
- 03/28/2026
- Listing ID
- 7c18f7a4
- Parcel APN
- 22-05-00-200-197.000-008











































