The Revitalization of Downtown is ALIVE and well. This building is located in the heart of Downtown New Albany in the Historic District. Tax incentives and some grant funds may be available and are requested through the City of New Albany. Downtown has businesses as old as 178 years, 4500 employees, over 400 businesses, over 110 new businesses in the last 6 1/2 years like Comfy Cow (Now Open), Savon Boutiques, Wicks Pizza, Toast on Market, Mariposa Fine Consignment Boutique, River City Winery, Quills Coffee, Louis Le Francais, Coppermoon Gallery, Salon b, Primos Deli, Bread and Breakfast, Dress and Dwell, The Exchange Kitchen and Pub, Feast BBQ, Habana Blues (Cuban), Billows Cigar Lounge, Dragon Kings Daughter, UpTown Art, The Dandy Lion, Bank Street Brew House, Colokial, Cafe 27 and many more. The $25 million dollar YMCA is great and improves the quality of life for about 10,000 members. Great architectural features, supportive fellow business owners and a continuation of “Downtown Beautification”. Come see what's new in New Albany- A Great Historical Downtown. Come see why Downtown New Albany is flourishing in a down economy, and why you should join the effort.
The Riverfront Redevelopment District which, if you qualify, can allow you to secure a 3-way liquor license (beer, wine and liquor) for a mere $1000 a year. The license is not portable meaning it stays as long as the business stays and is transferable at the location its tied to.
Situated between Main Street and the Ohio River. The main bldg, known as the Reisz Furniture Building is a 3 story brick with basement and a lot of windows. This building has drawn interest from those that do condo/apt conversion. The main structure is likely the best to use for renovation offering 3 stories and a basement. Each floor is about 5280sf. The addition to the south would likely be removed to allow for private street level parking. There is plenty of City parking which is the lot to the south of the site.
Come be a part of the action and continued the continued revitalization creating a new life in one of our great "Historic Downtowns" in Southern Indiana. The City of New Albany officials in the Redevelopment Department can help with projects and answer questions you may have. The City has offered additional incentives that vary with the size and investment cost of the proposed project. - Parking description: Adjoins a huge City parking lot and other street parking and if the building addition to the south was removed you could have private lot. - Area description: Historic Downtown is rich in history from the building of steamboats, introducing the first sheets of plate glass be manufactured for buildings, 10 blocks of great architecture, easy walkability, lots of independent restaurants and businesses, 2 blocks from all government offices to include local, state and federal. Events throughout the year to include the Harvest Homecoming which is the second largest festival in Indiana bring a half million people in 4 days. Southern Indiana is a great place to raise a family in the traditional Midwest setting as there are several environments to experience whether you are looking for a country setting, medium city of a bigger city like Louisville KY. More jobs are coming to Southern Indiana, 2 bridges are being built, homes being built and more and more folks want to live, work and play in our downtown areas. - Number of buildings: 1 - Building condition: Fair
|10 Gb/s: Zayo Enterprise Networks|
|6 Mb/s: TIME WARNER CABLE|
|1.5 Mb/s: AT&T Indiana|
|6 Mb/s: MegaPath Corporation|
Downtown New Albany
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.