Downtown New Albany Space

Retail-Commercial for Lease
Catylist Listing ID: 30818569
Property Subtypes: Street Retail
Contiguous Space: 932 SF
Building Size (RSF): 932 SF
Gross Building Area: See Agent
Lease Rate: $1,200 (Monthly)
$15.45 PSF (Annual)
Lease Types: Modified Gross
In Opportunity Zone? Yes
Last Updated: 9/23/2022

Overview / Comments

Highly desired Downtown New Albany space on Pearl Street. Affordable, manageable and vacant. Availability is now with agreed terms. Join so many of the other restaurants, retailers and offices as Downtown New Albany continues to attract new comers. More restaurants apartments and some "Nashville Style" entertainment could be in the future. This space is positioned well for the Harvest Homecoming though its too late for a booth this year. Though a quicker fix for retailers, could be office or cafe. Owner is open to options. There is a fa├žade grant available, 3 way liquor license for $1000, Casino funds for up to $50,000 for equipment loan or capital improvements.

Expand All Available Space

Suite: 1 932 SF $1,200 (Monthly) Modified Gross
Space Available: 932 SF
Lease Rate: $1,200 (Monthly)
$15.45 PSF (Annual)
Lease Type: Modified Gross
Date Available: 9/19/2022
Space Type: Relet

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-00-200-195.000-008
Retail Clientele: General, Family, Business
Property Located Between: Spring and Main Streets
Largest Nearby Street: State Street
Highway Access: immediate to I-64, I-265 and I-65. Five minutes from the bridges to Louisville and just a few more minutes to the East End Bridge.
Airports: Louisville International, Clark County Regional Airports
Site Description: This space is in the hub area of Downtown. Great foot traffic and plenty of opportunity to plan for Harvest Homecoming where depending on the weather you may be exposed to 350,000 to 500,000 in a mere 4 days.
Area Description: Downtown is just a buzz of activity and that's not just on the weekend. Great restaurants, boutique shops, Farmers Market and there are various areas for live entertainment and family gaming, video games and more.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 800 SF
Property Condition: Average
Construction/Siding: Brick
Exterior Description: Typical of many downtown buildings of the historic period, brick, awning and easy entry.
Parking Description: Free Downtown Parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Interior Description: High ceilings that are open and exposed. Wood plank flooring, exposed brick
Zoning Description: Downtown Commercial allows and encourages retail, restaurants and pubs, service businesses, banking and all levels of government for City, County and Federal.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: P 93 FNT 20' OF R 42' L. 10 208 PEARL ST. TIF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,228 83,070 191,514
Median Age: 36.94 36.32 36.61
Households: 5,190 33,991 79,805


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