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32598348
32598346

1712 Charlestown New Albany Road, Jeff, IN 47130

RC
KY KY-291450
Summit Commercial Group
Listed by Summit Commercial Group
$625,000
27 days on market
Updated 27 days ago

Multi-Income Commercial Investment in Jeffersonville

Details
APN 102102000230000009
Property Type Retail
Sub Type Bank, Pharmacy/Drug
Square Footage 1,664
Units 1
Occupancy 100%
Tenancy Multi
Year Built 1990
Stories 1
Lot Size (SqFt) 30,545
Zoning C-1
Ground Lease No

Multi-Tenant Income Property Near Jeffersonville’s Growing Retail Corridor

Marketing description

Located at 1712 Charlestown New Albany Rd in Jeffersonville, IN, this 1,699 SF commercial property sits on approximately 0.8 acres and offers a strong investment opportunity with established income in place.

The property is currently occupied by One Stop Health Brokers, which is on a long-term lease, providing stability for a future owner. In addition, there is an active lease with PNC for the on-site ATM space, creating a second income stream and further strengthening the property’s investment profile.

The site is positioned less than 0.5 miles from Jeffersonville Town Center, one of the city’s strongest commercial nodes, with nearby national retailers including Menards, Hobby Lobby, Five Below, and Burlington. The property also benefits from its proximity to Veterans Parkway, a major regional retail and service corridor connecting Jeffersonville and Clarksville. The corridor has continued to attract national and regional users, including recent additions such as McDonald’s, Chipotle, 7 Brew Coffee, Fifth Third Bank, Academy Sports + Outdoors, Drake’s, and other high-traffic commercial operators.

Veterans Parkway’s growth is also being supported by nearby residential density. A 264-unit garden-style multifamily community was announced near Veterans Parkway at 4501 Town Center Boulevard, further adding rooftops and consumer demand to the trade area.

Jeffersonville’s broader growth fundamentals further support the long-term outlook for this asset. In 2024, Jeffersonville approved more than 3.7 million SF of commercial and industrial development, including approximately 1 million SF outside River Ridge. The city also approved 427 future residential units, 44 certificates for new businesses, and more than 1,400 new trees, signaling continued investment in both economic development and quality-of-life infrastructure.

Within the immediate trade area, demographic growth is also projected to remain positive. LoopNet’s demographic data for the property shows a 2024 population of 60,242 within 3 miles, projected to grow to 64,097 by 2029, a 6.40% increase. Within 5 miles, the population is projected to grow from 137,223 to 143,357 over the same period.

Zoned Commercial, the site benefits from visibility along Charlestown New Albany Road, convenient access to nearby residential neighborhoods and commercial activity, and a generous 0.8-acre parcel that may provide long-term flexibility.

A compelling opportunity to acquire a stabilized commercial asset with multiple income streams in the growing Southern Indiana market.

To access the due diligence items, fill out the following confidentiality agreement:

https://docs.google.com/forms/d/e/1FAIpQLSeoQSgqMv51AHsLo9l0qFTmKHY_SGyjYXAauh2rG5EsAGyKnQ/viewform?usp=publish-editor

Investment highlights

Property Highlights:

• 1,699 SF commercial building

• 0.8-acre site

• Zoned Commercial

• Long-term lease in place with One Stop Health Brokers

• Additional income from active PNC ATM lease

• Strong visibility along Charlestown New Albany Road

• Less than 0.5 miles from Jeffersonville Town Center

• Jeffersonville location with convenient regional access

Listing Contacts

RC
KY KY-291450
Summit Commercial Group
Listed by Summit Commercial Group

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