Active

222 Pearl Street

New Albany IN, 47150

$1,950,000


$77.08 per sqft

Active

25,300 sqft

Commercial

Built in 1919

A rare and historic opportunity. The White House, a department store from 1909-1977 is an iconic landmark. Develop New Albany made it a major focus of their early downtown development efforts, the city secured the structure, and John Waggoner redeveloped the entire building into Class A office space and street level retail storefronts. A canopy entrance, an inner vestibule, and a lobby welcomes guests into the building and the two retail storefronts. Mr. Waggoner created a mezzanine above and a dramatic vault that soars over the main floor. Interior facades created from extensive millwork, French doors, and transom windows lettered in gold define individual office suites of 2 or more rooms each. There are seven of these on the first floor and each has the potential to be rented separately or in combination. The second floor features more formal corporate office trimmings with several executive office suites, a glass, mezzanine conference room and a call center. And all the way at the top, another rental opportunity with a full floor of offices, reception area, waiting area, thoughtfully designed offices and a space for 8 cubicles. With over 25,000 ft above grade, the building features front and rear egress stairwells, sprinkler and fire safety systems, and an elevator. Each floor features 3 newer HVAC systems, data/server room with fiber optic networking, two bathrooms, break rooms, and electronic key fob. Current tenants are under lease and financials are available.

2024012453

MLS ID

December 2, 2024

Listed

December 2, 2024

Updated

Map

222 Pearl Street
New Albany IN, 47150

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres

Other Property Details

Area Name

Downtown


Taxes

$14,732


Tax Frequency

Annually


Garage

No


View

No


County

Floyd


Municipality

New Albany


Pool

No

Listed by Paul R Kiger II with RE/MAX Advantage
Listing Contact: 812-923-7050 

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 12/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Southern Indiana REALTORS® Association all rights reserved.

Data last updated on 12/2/2024 at 4:12 PM UTC

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