145 E Main Street New Albany, IN $ 2,395,000
145 E Main Street
$ 2,395,000
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145 E Main Street

New Albany, IN, 47150
$ 2,395,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,122

145 E Main Street, New Albany, IN 47150 - Image 1
145 E Main Street, New Albany, IN 47150 - Image 2
145 E Main Street, New Albany, IN 47150 - Image 3
145 E Main Street, New Albany, IN 47150 - Image 4
145 E Main Street, New Albany, IN 47150 - Image 5
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145 E Main Street, New Albany, IN 47150 - Image 7
145 E Main Street, New Albany, IN 47150 - Image 8
145 E Main Street, New Albany, IN 47150 - Image 9
145 E Main Street, New Albany, IN 47150 - Image 10
145 E Main Street, New Albany, IN 47150 - Image 11

Commercial Property for sale in New Albany, IN

for $2,395,000. This building was built in 1936 on a lot size of 0.05.

***NOW OFFERING FLEXIBLE OWNER FINANCING*** Presenting a rare opportunity to acquire a flagship mixed-use asset in the heart of historic downtown New Albany.? 145-151 E Main St underwent a comprehensive luxury renovation in 2023, transforming this iconic structure into 10 high-end residential apartments and a commanding 5,800 SF ground-floor commercial space complete with a fully equipped commercial kitchen.? This property is 100% leased with gross rents over $222,000 annually.? Positioned along the vibrant Main Street corridor and just minutes from downtown Louisville, this best-in-class property offers exceptional tenant appeal, walkable amenities, and strong long-term upside in a supply-constrained submarket.? This area has experienced substantial revitalization over the past 15 years, with the introduction of urban living spaces, cultural venues, and a variety of dining and entertainment options, contributing to the district's vibrant community atmosphere.? This marquee investment opportunity is ideal for investors seeking an institutional-grade, turnkey asset in a thriving urban setting.? Follow below link to view google map, once the map opens, click 3D in the lower right corner of the screen: https://earth.?google.?com/earth/d/1l6ritEoMD1P7Sx9IQlfpqMgGhw5s7ey9?usp=drive_link If interested in seeing financials, please follow link below to CA: https://docs.?google.?com/forms/d/e/1FAIpQLScIpFXoUw_XUi12dxCFEvUY0MXm5_Qp7xCxDa1idiwzZIbtrQ/viewform?usp=sharing

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Commercial Active

Price

$ 2,395,000

Property Type

Commercial

Taxes

$ 13,572

Style

Lot Size

0.05

Year Built

1936

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2026010321

Features
General
Year Built 1936
Township New Albany
Property Subtype Business
Additional Parcels Description 22-05-00-200-309.000-008 22-05-00-200-312.000-008
County Floyd
Property Type Commercial Sale
Status Active
City New Albany
Lot Size Units Acres
Lot Size Square Feet 2178
Tax Annual Amount 13572
Property Condition Resale
Standard Status Active
Property Sub Type Additional Business Retail Multi Family
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Exterior
Lot Size Area 0.05
Building Area Total 7776
Lot Size Acres 0.05
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* Excluded Features
List By
Dan Wentworth

Listing Agent

Richard Dean Realty

Broker

dan@wentworthcommercial.com

Email

Affordability Calculator

$16,253
Per Month
93%
7%
0%
Monthly Principal & Interest
$15,122
Monthly Property Taxes
$1,131
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$2,395,000 Listed Price

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145 E Main Street, New Albany, IN, 47150 is a Commercial Property for sale at $2,395,000 with a lot size of 0.05. 145 E Main Street was built in 1936. The property's zip code is 47150 which is in New Albany, IN