Pending

213 Pearl Street

New Albany IN, 47150

$1,100,000


$88.00 per sqft

Pending

12,500 sqft

Commercial

Built in 1888

Award winning renovation. Preserved and modernized. Live, Work, and Play in Historic Downtown New Albany. This handsome 1919 building was developed by John Waggoner who is highly respected for quality workmanship in several downtown NA buildings. And like any great developer, he started in the basement by gutting it, reinforcing beams and joists, pouring new concrete floors, sandblasting the walls and ensuring it stays nice and dry. Next came a full upgrade in HVAC (5 units), electric (the panels are a thing of beauty) and beautiful plumbing. Next came the very thorough Sprinkler and Fire Alarm systems to protect this historic beauty. An interior, emergency stairwell was installed on the rear for ultimate safety. The has a new membrane slated to last 20 plus years. Seriously, this building had the royal treatment. The storefront is currently a high-end retailer featuring candle production and distribution. The back workroom has infrastructure to become a commercial kitchen. A little suite on the first-floor sublets for extra income. The second floor is a blank slate. Completely gutted and ready to build-out as a residential loft with fireplace or whatever your business plan requires. The third floor is equipped for business with a 1,200 sf open area, executive office, classroom, kitchenette, 2 bathrooms and a secure server room. Originally conceived as a call center, it's networked with fiber optics to accommodate 26 call center stations for a turnkey startup. Call today!

2024012213

MLS ID

November 15, 2024

Listed

November 22, 2024

Updated

Map

213 Pearl Street
New Albany IN, 47150

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres

Other Property Details

Area Name

Downtown


Taxes

$6,785


Tax Frequency

Annually


Days on Market

3


Garage

No


View

No


County

Floyd


Municipality

New Albany


Pool

No

Listing History

Date

Event

Price

11/17/2024

Pending

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 11/22/2024. 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 11/22/2024 at 7:46 PM UTC

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