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Investment Highlights
- High-Visibility, High-Traffic Location
- 18 Dedicated Parking Spaces
- Flexible Commercial Zoning
- Food-Industry Friendly Setup
- Drive-Thru Potential (Subject to Approvals)
- Strategic Price Point – $400,000
Executive Summary
Now offered at $400,000, this well-positioned commercial property presents a strong opportunity for an investor, owner-user, or business seeking visibility, functionality, and flexibility in a high-traffic location.
In addition to its excellent frontage and accessibility, the property offers several benefiting factors for food-related businesses, including a layout and utility setup conducive to food production and service uses such as a bakery, café, donut shop, or specialty food concept.
The site includes approximately 18 dedicated parking spaces, providing convenient on-site parking for customers and staff. The property also offers additional exterior space that may accommodate a drive-thru configuration, subject to zoning, permitting, and buyer verification - a valuable consideration for food and beverage operators focused on efficiency and volume.
Ideal for retail, office, service-based, or food-industry use, this property is positioned to support both daily operations and future growth in a desirable Southern Indiana corridor.
Contact the listing agent for zoning details, permitted uses, or to schedule a private tour.
In addition to its excellent frontage and accessibility, the property offers several benefiting factors for food-related businesses, including a layout and utility setup conducive to food production and service uses such as a bakery, café, donut shop, or specialty food concept.
The site includes approximately 18 dedicated parking spaces, providing convenient on-site parking for customers and staff. The property also offers additional exterior space that may accommodate a drive-thru configuration, subject to zoning, permitting, and buyer verification - a valuable consideration for food and beverage operators focused on efficiency and volume.
Ideal for retail, office, service-based, or food-industry use, this property is positioned to support both daily operations and future growth in a desirable Southern Indiana corridor.
Contact the listing agent for zoning details, permitted uses, or to schedule a private tour.
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
$400,000
Price Per SF
$298.73
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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