10,750 sqft

$1,590,000

207-209 E Main Street, New Albany IN, 47150

Price per sqft$147.91

Built in1947

Property size10,750 sqft

Property typeCommercial

Overview

Active

Listed May 27, 2026

Updated Jul 9

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.

Additional information

MLS^® ID: 202608604

Interior Features

Basement: No

Exterior Features

Lot Size: 0.12 Acres

Other Property Details

Taxes: $8,775
Tax Frequency: Annually

Listed by Paul R Kiger II with Coldwell Banker McMahan
Listing Contact: 812-949-0202

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 7/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 7/9/2026 at 2:46 AM UTC