Downtown New Albany Retail Space

Retail-Commercial for Lease
Catylist Listing ID: 30573258
Property Subtypes: Convenience Store, Day Care Facility, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Contiguous Space: 1,500 SF
Gross Building Area: See Agent
Lease Rate: $1,450 (Monthly)
$11.60 PSF (Annual)
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 9/17/2020

Overview / Comments

PRIME retail/office on Pearl Street in Downtown New Albany. Around the corner from the new City Hall, moments from the River, Restaurants, Entertainment and prime location for many DT events, including Harvest Homecoming. This 1 story unit feature alley parking in the rear extra storage unit-accessible from the inside. Almost all walls removable! Qualifies for Caesar’s Foundation $50,000 small business loan AND RiverFront 3-way liquor license-$1,000/year.

Expand All Available Space

Suite: 212 1,500 SF $1,450 (Monthly) NNN
Space Available: 1,500 SF
Lease Rate: $1,450 (Monthly)
$11.60 PSF (Annual)
Lease Type: NNN
Space Description: Great retail space around corner from new City Hall, in downtown New Albany. 1 story, shotgun unit with extra storage bump out in rear. Same building as MESA, A Collaborative Kitchen, Fresco Tea Bar, MESA KIDS Cooking School and 812 Vintage Clothing. Last unit available. Tenants may apply for Caesar's Revolving Loan up to $50,000.
Date Available: 2/21/2020
Lease Term: 12 Months
Space Type: Relet
Parking Spaces 1
CAM Expenses $185 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description $50 increase after 12 month term
Rent Concession None

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Retail Clientele: General
Property Located Between: Market St & Main St on Pearl
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Sprinklers: Dry
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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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


Photograph of Listing Agent

Matthew L Conway

Conway & Associates KCREA Member
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