918 E Market St | New Albany, IN 47150
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918 E Market St
New Albany, IN 47150
Retail Property For Sale
Investment Highlights
- High Visability Corner
- Storefront on first floor
- Apartment Upstairs with investment opportunity
Executive Summary
For SALE or LEASE!
Retail on first floor and apartment living on second floor.
*Income producing tenant upstairs, in an 18 month contract*
Lease includes 1st floor and basement
-2,122 sqft First Floor (Finished)
-1,229 sqft Basement (unfinished)
-$2,250 per month rent
Sale includes entire building
-5,588 sqft Entire Building
-1,229 sqft (unfinished)
-$275,000 sales price
-All Square footage will need to be verified by buyers agent. Apartment is vacant but if lease signed before closing tenant will stay or need to be bought out of lease.
Retail on first floor and apartment living on second floor.
*Income producing tenant upstairs, in an 18 month contract*
Lease includes 1st floor and basement
-2,122 sqft First Floor (Finished)
-1,229 sqft Basement (unfinished)
-$2,250 per month rent
Sale includes entire building
-5,588 sqft Entire Building
-1,229 sqft (unfinished)
-$275,000 sales price
-All Square footage will need to be verified by buyers agent. Apartment is vacant but if lease signed before closing tenant will stay or need to be bought out of lease.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Building Size
5,588 SF
Building Class
B
Year Built
1919
Price
£220,413
Price Per SF
£39
Percent Leased
40%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.60
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
20 Spaces (3.58 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 22-05-02-800-924.000-008 | Improvements Assessment | £57,307 |
| Land Assessment | £26,610 | Total Assessment | £83,917 |
PROPERTY TAXES
Parcel Number
22-05-02-800-924.000-008
Land Assessment
£26,610
Improvements Assessment
£57,307
Total Assessment
£83,917
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