Street Level Retail Space in Downtown New Albany

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30827370
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending
Contiguous Space: 1,200 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $2,000
Lease Types: Net Lease
Building Name: Reibel Building
Last Updated: 1/20/2023

Overview / Comments

Street level, ground floor retail/commercial space in the heart of Historic Downtown New Albany. More than suitable for a handsome urban retail space, creative office space, or walk in professional services. The Reibel building dates to 1887 and was used as a hotel, saloon, a bakery and a front for a boot legging operation during the prohibition era. John Waggoner of Hornblower Marine Service meticulously renovated the building into Class A office space in 2001. The fa├žade was restored to its original beauty featuring cut limestone highlighted by limestone detailing, full arch windows and pressed metal cornice. The grand entry will make a beautiful statement for street level space in this handsome building. This listing is for just the first floor of this building. More than suitable for a handsome urban retail space, creative office space, or walk in professional services. Free public parking is within 1 block and all New Albany has to offer is at your doorstep.

Expand All Available Space

Suite: Street level 1,200 SF $20 PSF (Annual) Net Lease
Level/Floor: 1
Status: Pending
Space Available: 1,200 SF
Lease Rate: $20 PSF (Annual)
$2,000 (Monthly)
Lease Type: Net Lease
Space Description: Ground level space currently designed with 4 offices and a reception area. Yet it's perfect and bright for retail space.
Date Available: 9/13/2022
Lease Term: 60 Months
Space Type: New
Offices 4
Kitchen Yes

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Taxing Authority: Floyd County
Tax ID/APN: 22-05-00-200-219.000-008
Zoning: DOWNTOWN
Retail Clientele: General, Business
Property Located Between: Pearl and State Streets
Property Visibility: Excellent
Largest Nearby Street: State Street
Highway Access: Sherman Minton Bridge via I64 Exit 1
Airports: Muhammad Ali
Site Description: City lot, building is adjacent to its neighborhood on one side and alley access on the other
Area Description: Historic Downtown New Albany, well developed for retail, shopping, residential, hospitality, and office spaces
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Typical SF / Floor: 1,708 SF
Property Condition: Excellent
Year Built: 1887
Year Renovated: 2001
Roof Type: Flat
Construction/Siding: Stone
Exterior Description: Beautifully restored historic facade with portico entrance, picture windows, beautiful arched, main entrance with impressive double door.
Parking Type: Surface
Parking Description: Free public parking on street and in public lots within 1 block.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: DSL
Interior Description: Restored historic architectural features. Currently, the first floor has a great entrance/Reception area, and 4 semi-open offices
Zoning Description: Downtown zoning with TIF and other city grants.
Lot Frontage: 20"
Water Service: Municipal
Sewer Type: Municipal
Legal Description: P. 93 W 20 X 90 L. 2 115 E. MARKET ST. TIF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,959 83,070 190,026
Median Age: 37.13 36.32 36.62
Households: 4,665 33,991 79,256

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