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Executive Summary

Positioned in a high-visibility corridor, 833 7th Street in New Albany presents an exceptional commercial opportunity for investors or owner-operators. Currently operating as Ace Automotive, this established mechanic shop offers immediate turn-key potential with infrastructure already in place to support a wide range of automotive services. Strategically located just minutes from major thoroughfares and in close proximity to downtown New Albany, the property benefits from consistent traffic flow and strong local demographics. Its prime positioning enhances both accessibility and long-term business viability. The site is well-suited for continued use as an automotive repair facility, while also offering flexibility for future adaptation to other commercial uses. Whether you're looking to expand an existing operation or launch a new venture, this property delivers the foundation for success in a growing market. Capitalize on this rare opportunity to secure a functional, well-located commercial asset in one of Southern Indiana’s most active business corridors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,596 SF
Building Class
B
Year Built
1957
Price
$350,000
Price Per SF
$219.30
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.20
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
10 Spaces
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Waffle House
PNC Bank
Dog Haus
WesBanco
First Financial bank
Chase Bank

Property Taxes

Property Taxes

Parcel Number
22-05-03-401-227.000-008
Land Assessment
$15,100
Improvements Assessment
$40,700
Total Assessment
$55,800
  • Listing ID: 40470363

  • Date on Market: 5/9/2026

  • Last Updated:

  • Address: 833 W 7th St, New Albany, IN 47150

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