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$ 299,900
Est. payment /mo
New
331 Vincennes ST New Albany, IN 47150
2,874 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026010599
Year Built 1929
Annual Tax Amount $1,681
Lot Size 2,874 Sqft
Acres 0.066
Property Sub-Type Other
Property Description
Excellent mixed-use investment opportunity in New Albany's growing Vincennes Street Up Town business district! Whether you're an investor seeking multiple income streams or an entrepreneur looking for the perfect live/work setup, this versatile property delivers. The commercial space offers nearly 1,200 square feet and is currently configured as a successful beauty salon with room for 5-7 styling stations, two shampoo stations, 2 half baths, and a break room. The flexible floor plan could easily accommodate a salon, barbershop, spa, boutique, office, retail business, professional services, or many other small retail uses. The property also includes a private one-bedroom apartment of over 500 square feet with its own entrance, rear parking pad, and a cozy green space ideal for generating additional rental income, housing an employee, or owner occupancy. Located in an area experiencing continued revitalization and growth, this property offers outstanding visibility, off-street parking, and endless possibilities. Own your business, offset your expenses with rental income, or add a unique mixed-use property to your investment portfolio. Opportunities like this don't come along often!
Location
State IN
County Floyd
Interior
Fireplace No
Exterior
Present Use Other
Others
Tax ID 0086870060
Listed by Green Tree Real Estate Services