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514 Vincennes St 1,339 SF Retail Building New Albany, IN 47150 $475,000 ($354.74/SF)
INVESTMENT HIGHLIGHTS
- 1,350 SF freestanding building with 18 on-site parking spaces
- Operated as family-owned donut shop since 1940s
- High visibility with strong traffic counts
- Central New Albany location near established businesses
- Turnkey setup – equipment/fixtures available
- Flexible layout for food, retail, or office use
EXECUTIVE SUMMARY
Turnkey commercial opportunity in the heart of New Albany. This 1,350 sq. ft. freestanding building has been home to a long-standing donut shop since the 1940s and offers excellent visibility, ample parking (18 spaces), and flexible layout for food service or other retail concepts. The property conveys with equipment in place (if desired), making it ideal for an operator seeking a quick start or an investor looking for a highly visible commercial asset. Strong traffic counts and a central location near established businesses support long-term growth potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,339 SF
Building Class
C
Year Built
1950
Price
$475,000
Price Per SF
$354.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.16 AC
Zoning
Commercial Retail - Commercial Retail
Parking
12 Spaces (8.96 Spaces per 1,000 SF Leased)
Frontage
77’ on Vincennes St
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
Donut and bakery shop based in New Albany, IN that has been operating for over 57 years.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-05-02-801-253.000-008 | Improvements Assessment | $34,500 |
| Land Assessment | $30,600 | Total Assessment | $65,100 |
PROPERTY TAXES
Parcel Number
22-05-02-801-253.000-008
Land Assessment
$30,600
Improvements Assessment
$34,500
Total Assessment
$65,100
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514 Vincennes St
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