145 E Main St, New Albany, IN 47150

***NOW OFFERING FLEXIBLE OWNER FINANCING*** Presenting a rare opportunity to acquire a flagship mixed-use asset in the heart of historic downtown New Albany. 145-151 E Main St underwent a comprehensive luxury renovation in 2023, transforming this iconic structure into 10 high-end residential apartments and a commanding 5,800 SF ground-floor commercial space complete with a fully equipped commercial kitchen. This property is 100% leased with gross rents over $222,000 annually.

Positioned along the vibrant Main Street corridor and just minutes from downtown Louisville, this best-in-class property offers exceptional tenant appeal, walkable amenities, and strong long-term upside in a supply-constrained submarket. This area has experienced substantial revitalization over the past 15 years, with the introduction of urban living spaces, cultural venues, and a variety of dining and entertainment options, contributing to the district's vibrant community atmosphere. This marquee investment opportunity is ideal for investors seeking an institutional-grade, turnkey asset in a thriving urban setting. PROPERTY IS A QUALIFIED CENSUS TRACT & IN AN OPPORTUNITY ZONE!!!

Follow below link to view google map, once the map opens, click 3D in the lower right corner of the screen:

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If interested in seeing financials, please follow link below to CA:

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