146-152 E Main Street, New Albany, IN 47150

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Mike K.

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146-152 E Main Street is aretail property for lease in New Albany, IN.

Located in Historic Downtown New Albany which is currently experiencing a revitalization. With 60 new businesses in the last 28 months landing in downtown. This building has a view of the river. For better than 30 years the downtown has been waiting for some action. This property is in the middle of the City of New Albanys proposed development area and in the Riverfront Redevelopment District. A $40 million dollar development (www.riverviewnewalbany.com)that has been proposed to the city and the development company has secured the city property for the project. Near the new $25 million dollar state of the art YMCA over 10,000 members.

Basically this is a quarter of a city block, 170' deep by 120' wide. Situated between Main Street and the Ohio River. The main bldg is a 3 story brick with basement and a lot of windows. There are 3 other buildings that would likely be removed for newer development. This building has drawn interest from those that do condo/apt conversion. Main structure is likely the best to use for renovation. It could be a part of a larger development or its own project as it has plenty of room for parking. There has been about 60 new businesses come to downtown in about 28 months. There is a new winery, micro brewery and more restaurants are slated to open. Come be a part of the action. City of New Albany will speak to developers with projects especially those including multiple buildings. The City has offered additional incentives that vary with the proposed project. Contact the Deputy Mayor Carl Malysz. 812.948.5333

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