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514 Vincennes St 1,339 SF Retail Building New Albany, IN 47150 $400,000 ($298.73/SF)

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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.

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

U.S. Bank
Dog Haus
WesBanco
First Financial bank
Chase Bank
PNC Bank

Property Taxes

Property Taxes

Parcel Number
22-05-02-801-253.000-008
Land Assessment
$30,600
Improvements Assessment
$34,500
Total Assessment
$65,100
  • Listing ID: 37802736

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 514 Vincennes St, New Albany, IN 47150

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