624 State St | New Albany, IN 47150
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624 State St
New Albany, IN 47150
Downtown New Albany Multi Tenant Value Add · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Premium Location with Premium Tenants
- Long term leases, with strong guarantees in place
- Multi Tenant Investment Opportunity
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
26,821 SF
Building Class
C
Year Built
1948
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.50
Lot Size
1.22 AC
Zoning
Commercial - Commercial
Parking
25 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
106’ on State St
AMENITIES
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 22-05-03-500-351.000-008 | Improvements Assessment | $362,200 |
| Land Assessment | $240,400 | Total Assessment | $602,600 |
PROPERTY TAXES
Parcel Number
22-05-03-500-351.000-008
Land Assessment
$240,400
Improvements Assessment
$362,200
Total Assessment
$602,600
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