$1,700,000
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217-227 Pearl Street New Albany, IN 47150
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Hannegan Hall on the landmark corner of Pearl and Market Streets and three other buildings are offered in this bundle of commercial buildings in Historic Downtown New Albany. There are 4 buildings, 6 street level retail spaces, 5 apartments, approximately 30,000 square feet with some of that unfinis...hed and ready to develop. Hannegan Hall, has a second-floor residence, a third-floor ballroom and private dining room, and a fantastic street level corner retail space that will be the jewel of New Albany. In addition, there are two vacant lots currently being used as walled in private courtyard. The possibilities are amazing! They don't call it historic for nothing! These buildings built between 1855 and 1886 have long been a part of Downtown New Albany economy. Lots of good things happening here in downtown New Albany. Boutiques, galleries, restaurants, bars, loft apartments, traditional apartmens for long and short term rental. Folks enjoy 2 city parks, a YMCA, a newly renovated city hall, and a farmers market. Be the developer to bring New Albany to the next level. Be the master of your own universe! Developer incentives available! The Riverfront Redevelopment District (ie discounted liquor licenses), New Albany Preservation, Urban Enterprise Zone, TIF District, Redevelopment Zone, the Opportunity Zone and the Ceaser Foundation. New Albany welcomes Investors!
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MLS#
2021011577
Property Type
Business Opportunities
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