$172,500
117 E Oak Street
New Albany, IN 47150
Property Map Map Amenities
Directions
head to New Albany-State Street to Elm Street,left on Pearl Street to Oak Street and property is on the corner.
Description / Remarks
DOWNTOWN NEW ALBANY-Heres your chance to get over 10, 000 sf of building 2 story plus a basement. See attached history document. Could be a lot of things to include a nice multi-family project which is the next great growth to the expanding and growing downtown. Walk to the grocery, walk a block and enjoy all of Downtown New Albany's restaurants, retail, farmers market, community theater, government services, post office, legal and financial services, the Bi-Centennial park, local ballpark, various performing arts events, the YMCA, the riverfront and much more. The owner bought this property years ago and has taken what was a questionable property and has now completed a tremendous amount of work that will help kick-start the next owner into a more rapid finish. new roof (shingles, sheeting and underlayment) in 2017 with more than half of all trusses being replaced as needed, demo was done, partial floor reworked and completed, piers added for floor support, 90% of tuck-pointing completed, lots of great timbers still in place and much more was done by the owner who is passionate about restoration as that is his business.
Property Info
MLS #:2018012494
Price:$172,500
County:Floyd
Approx Sqft:10228
Acreage:0.24
Construction:Existing, Frame On-Site