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1637 E Market St

New Albany, IN
Floors
2
Total Size
5,508 sqft
Zoning
COMMERCIAL
Year Constructed
1920
Year Renovated
0
Building Class

About 1637 E Market St

Located for many years in the "UpTown" area in New Albany at the corner of Vincennes and E Market Streets. The building could be renovated and updated and serve the community in the same way plus offer more to the area. Attached are a couple of renderings that offer a suggestion of what "could" be done with fa├žade improvements and a "rethinking" of how its used. This site sets at the foot of the K&I Bridge and IF it becomes a walki hike and bike bridge that could be a positive thing for this area. In recent years there have been improvements to the residential homes, a large warehouse nearby is being converted to a modern day church attracting youth. There are national franchisees in the area like White Castle, Walgreens, Rallys, Dollar General and other local establishments. This is an area that is undergoing a transformation and you could play a part in the effort. An option of a new construction may be possible as well with local govt approval. - Parking description: Currently has private parking that is part of the 2 parcel purchase. Needs to be restriped but could accommodate about 14 in the lot and there is plenty of street parking as well. - Area description: This area is known to the locals as "UpTown". You are very centrally located to Downtown, residential, restaurants and drug store. This area is making a transformation and is an area to watch for growth. - Number of buildings: 1 - Building condition: Average - Tenancy: Single Tenant

Internet Providers for 1637 E Market St

Provider Technology Max Download Speed Max Upload Speed
Zayo Enterprise Networks Fiber
10 Gb/s
10 Gb/s
AT&T Indiana DSL
25 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
6 Mb/s
6 Mb/s

The City: New Albany

Most listings are in the $10's per square foot per year. The New Albany region is going through a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a Inf% rise in rent.

Median Rate Median Size
New Albany $15
/sqft/yr
810
sqft

Median Rate over Time in New Albany