The Reibel Building in Downtown New Albany

Retail-Commercial for Lease
Catylist Listing ID: 30806161
Property Subtypes: Free-Standing Building
Contiguous Space: 5,000 SF
Building Size (RSF): 5,000 SF
Gross Land Area: 0.04 Acres
Lease Rate: $24 PSF (Annual)
Base Monthly Rent: $10,000
Lease Types: Net Lease
In Opportunity Zone? Yes
Building Name: The Reibel Building
Usable Size (USF): 5,000 SF
Last Updated: 6/29/2022

Overview / Comments

Find your new professional home in the heart of Historic Downtown New Albany. 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 façade 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 your company headquarters in this handsome building. The Market Street entrance is perfect for a reception area. Large executive offices were designed facing Market St for that urban view on the second and third floors. All three floors feature 3 partitioned offices (9 total) designed to feel historic with beautiful woodwork, divided light walls/doors and transom windows. Each floor is serviced with a full bath and there’s a kitchenette on the first and third floor. The basement is perfect for storage and other behind the scenes work areas. Free public parking is within 1 block and all New Albany has to offer is at your doorstep.

Attachments & Media

Expand All Available Space

Suite: Entire Building 5,000 SF $24 PSF (Annual) Net Lease
Level/Floor: 3 Floors
Space Available: 5,000 SF
Lease Rate: $24 PSF (Annual)
$10,000 (Monthly)
Lease Type: Net Lease
Date Available: 6/10/2022
Space Type: New
Offices 11
Kitchen Yes
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Taxing Authority: Floyd County Indiana
Tax ID/APN: 22-05-00-200-219.000-008
Retail Clientele: General
Property Located Between: Pearl and State Street on Market St in Downtown New Albany
Property Visibility: Excellent
Largest Nearby Street: Market St
Feet of Frontage: 21
Highway Access: On ramp to I-64 East and West is three blocks away
Airports: Muhammad Ali Airport
Site Description: City, sidewalk, adjacent walls, alley and front entrance
Area Description: Historic Downtown, revitalized, mixed use, Ohio Riverfront, TIF ,
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,708 SF
Property Condition: Excellent
Year Built: 1887
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Brick, Stone
Exterior Description: Facade is accentuated with portico entrance, arched doorway and windows, limestone construction with rare limestone decorative detailing. Side entrance is from alley this side of building is brick.
Parking Type: Structure, Surface
Parking Description: Free Public Parking on street, surface lot and structure. All within 1 block.
Freight Elevators: 1
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: DSL
Interior Description: 3 similar floors. First floor reception area and 3 beautifully partitioned and appointed offices. 2nd 3rd floor feature 1 executive office each and 3 each partitioned offices.
Zoning Description: Historic Downtown
Lot Frontage: 20
Lot Depth: 90
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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