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213 Pearl ST New Albany, IN 47150
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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2024012213
Sold Date 12/23/24
Construction Status Resale
Year Built 1888
Annual Tax Amount $6,785
Lot Size 3,920 Sqft
Acres 0.09
Property Description
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!
Location
State IN
County Floyd
Area Downtown
Direction On Pearl Street between Market and Main Streets in Historic Downtown New Albany
Interior
Fireplace No
Exterior
Present Use Office,Other,Residential,Retail
Building
New Construction No
Construction Status Resale
Others
Tax ID 220500200317000008
Financing Conventional
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Bought with RE/MAX Advantage