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611 E Spring St

2,312 SF 100% Leased Office Building New Albany, IN 47150 $384,900 ($166/SF)

Executive Summary

ATTENTION INVESTORS AND ENTREPRENEURS!!! This Charming Historic Gem offers endless possibilities! This 2-story home is located in the heart of downtown New Albany. You have a highly visible front porch along busy East Spring St. The detailed architecture boasts quality craftsmanship and extensive millwork with original wide plank hardwood floors, built in bookcases, cabinetry and extensive crown moldings. The home offers 3 decorative fireplaces, beautiful bay window. The grand foyer leads to an open staircase and 3 large bedrooms/offices, a bonus room and an updated bathroom. The property has been completely preserved and offers multiple commercial uses. The home has 12 DEDICATED parking spaces and a beautiful garden area. Whether you are in the market to make this a fine restaurant, bar, professional office space or even a residence. It checks all the boxes.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,312 SF
Building Class
C
Year Built
1929
Price
$384,900
Price Per SF
$166
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,156 SF
Building FAR
0.53
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
Parking
15 Spaces (4.95 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33413788

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 611 E Spring St, New Albany, IN 47150

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