1100 W Main St

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1100 W Main St

New Albany, IN 47150
Asking Price
$150K
Asset Type
Retail
Class
Class B

What's Special

Located at 1100 W Main Street in New Albany, Indiana, this retail property is situated within a transitional corridor west of the city’s historic downtown district. The neighborhood features a mix of established residential pockets and emerging small businesses. The site offers direct street frontage and sits near the Ohio River waterfront, providing local connectivity via West Main Street and State Street. Regional access is supported by proximity to Interstate 64, linking the property to the broader Louisville metropolitan area. The property is suited for neighborhood-scale commercial uses, including boutique retail, professional service offices, or specialized showrooms. Potential tenants often include local service providers, independent retailers, or fitness studios seeking visibility within a growing community. The layout and location cater to businesses that benefit from a mix of local foot traffic and commuter visibility, serving the needs of the surrounding residential population and the downtown workforce.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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