Address
207-209 E Main Street, New Albany, IN
Price
$ 1,590,000
Property Attributes
- MLS#202608604
- TypeSingle Family
- Listing Status Active
- CountyFloyd
- CityNew Albany
- AreaNew Albany
- Zip47150
- Style
- Year Built1947
- Taxes$ 8775
- Price$ 1,590,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.122 Acres
Data Source:
Southern Indiana REALTORS® Association (SIRA)
Property Description
207 & 209 E. Main Street presents a fully leased mixed-use investment opportunity in the core of Downtown New Albany’s rapidly expanding urban corridor. The historic three-story asset has been comprehensively renovated and professionally managed by The Resch Company, creating a stabilized mixed-use investment with strong operational history and long term ownership stewardship. Positioned directly across from The Oxbow, a Denton Floyd Real Estate Group and The Wheatley Group’s new 43 unit luxury mixed use development with Class A office and retail space; the property also benefits from proximity to The Resch Company’s luxury townhome development with projected pricing in the $700s. These surrounding developments continue to reinforce the long term investment trajectory and residential demand growth within Downtown New Albany. Originally constructed circa 1885, the property offers investors a stabilized urban mixed-use asset with diversified income streams, strong walkability, and continued upside tied to ongoing downtown redevelopment activity.
| Price History | |
|---|---|
| 5/27/2026 | Listed $1,590,000 |
General Features
| Year Built | 1947 |
|---|---|
| Township | New Albany |
| Property Subtype | Business |
| County | Floyd |
| Property Type | CommercialSale |
| Status | Active |
| Directions | From New Albany take I-64E to exit 123 New Albany. Turn left onto W Main. Property will be on your left. Property is prominently located on Main St near Bank St. |
| City | New Albany |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5314.32 |
| Tax Annual Amount | 8775 |
| Property Condition | Resale |
| Standard Status | Active |
| Property Sub Type Additional | Business,MultiFamily |
Exterior Features
| Lot Size Area | 0.122 |
|---|---|
| Building Area Total | 10750 |
| Lot Size Acres | 0.122 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 47150
Price
Taxes
Year Built
Data last updated: September 17, 2026 5:40 PM UTC and updating occurs daily
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
© 2026 Metro Search, Inc.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to
REALTOR® Association of Southern Kentucky All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Heart of Kentucky Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
