833 W 7th Street

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833 W 7th Street

New Albany, IN 47150
Asking Price
$350K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail commercial asset available for purchase in New Albany
  • Total interior space measures 1,596 square feet
  • List price for the property is set at $350,000
  • Located at 833 W 7th Street in Indiana
  • Situated within the accessible Greater Louisville metropolitan area

What's Special

Priced at $350,000, this 1,596-square-foot retail property stands at 833 W 7th Street in New Albany, Indiana. The building provides a functional footprint suitable for a variety of neighborhood commercial enterprises or boutique storefront operations looking to establish a presence within this established regional market. New Albany serves as a significant component of the Greater Louisville metropolitan area, benefiting from its proximity to major regional infrastructure and steady population density. This asset represents a clear-cut entry point for investors or business owners seeking a compact commercial space with accessible street-level visibility. The surrounding corridor supports diverse business activities and maintains a consistent flow of local traffic. Given the interior layout and configuration, the site is well-positioned for small-scale retail use, service-oriented businesses, or specialized professional offices that require convenient access to the community. Its central placement offers a strategic vantage point for serving both local residents and visitors traversing the Southern Indiana commercial landscape.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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