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833 W 7th St 1,596 SF Vacant Retail Building New Albany, IN 47150 $350,000 ($219.30/SF)
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
Property Taxes
| Parcel Number | 22-05-03-401-227.000-008 | Improvements Assessment | $40,700 |
| Land Assessment | $15,100 | Total Assessment | $55,800 |
Property Taxes
Parcel Number
22-05-03-401-227.000-008
Land Assessment
$15,100
Improvements Assessment
$40,700
Total Assessment
$55,800
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833 W 7th St
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