Vincent Nguyen

207-209 E Main Street

New Albany, IN
$ 1,590,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

207 & 209 E. Main Street presents a fully leased mixed-use investment opportunity in the core of Downtown New Albany’s rapidly expanding urban corridor. The historic three-story asset has been comprehensively renovated and professionally managed by The Resch Company, creating a stabilized mixed-use investment with strong operational history and long term ownership stewardship. Positioned directly across from The Oxbow, a Denton Floyd Real Estate Group and The Wheatley Group’s new 43 unit luxury mixed use development with Class A office and retail space; the property also benefits from proximity to The Resch Company’s luxury townhome development with projected pricing in the $700s. These surrounding developments continue to reinforce the long term investment trajectory and residential demand growth within Downtown New Albany. Originally constructed circa 1885, the property offers investors a stabilized urban mixed-use asset with diversified income streams, strong walkability, and continued upside tied to ongoing downtown redevelopment activity.

Active

  • Price
  • $ 1,590,000
  • City
  • New Albany
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Floyd
  • Half Bathrooms
  • 0
  • Area
  • New Albany
  • Lot Size
  • 0.122 Acres
  • Zip
  • 47150
  • Year Built
  • 1947
  • Taxes
  • $ 8775
  • Style
  • MLS#
  • 202608604
Listed By: Paul R Kiger II with Coldwell Banker McMahan
Data Source: Southern Indiana REALTORS® Association (SIRA)

Features

General

Year Built 1947
Township New Albany
Property Subtype Business
County Floyd
Property Type CommercialSale
Status Active
Directions From New Albany take I-64E to exit 123 New Albany. Turn left onto W Main. Property will be on your left. Property is prominently located on Main St near Bank St.
City New Albany
Lot Size Units Acres
Lot Size Square Feet 5314.32
Tax Annual Amount 8775
Property Condition Resale
Standard Status Active
Property Sub Type Additional Business,MultiFamily

Exterior Features

Lot Size Area 0.122
Building Area Total 10750
Lot Size Acres 0.122

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Jeffersonville, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School
Middle School
High School

Price History

5/27/2026 Listed $1,590,000

Property vs Zip Code Average in 47150

Price
AVG $290K
$1.59M
Taxes
AVG $4,401
$8,775
Year Built
AVG 1966
1947

Areas That We Cover

207-209 E Main Street New Albany, IN is a Single Family Home for sale at $1590000 and a lot size of 0.122 Acres Acre(s). 207-209 E Main Street New Albany has 0 bedrooms, 0 baths and was built in 1947. The property's zip code is 47150 which is in New Albany, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Vincent Nguyen

Vincent Nguyen

503-839-8547

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