New Albany, IN Commercial Real Estate for Lease and Sale

Explore 18 listings of New Albany commercial real estate to find the best space for your business.

1501 E Spring Street

1501 E Spring St, New Albany, IN
Property

Retail

442 SF
Year Built

1960
For Sale

$289,000
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Free Standing Office Building - For Sale - New Albany, IN

821 Mt Tabor Road, New Albany, IN
Property

Office

18,294 SF
Availability

1 Space

18,294 SF
Year Built

1995
For Lease

$14.50 - $16.50/SF/YR
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Meijer | In-Store Retail Space

4222 Charlestown Rd., New Albany, IN
Property

Retail

192,052 SF
Availability

2 Spaces

1,369 SF
Year Built

2004
For Lease Contact for pricing
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1333 Bono Rd

1333 Bono Rd, New Albany, IN
Property

Special Purpose

6,096 SF
Year Built

1964
For Sale

$375,000
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2011 Charlestown Rd.

2011 Charlestown Rd., New Albany, IN
Property

Retail

7,019 SF
Availability

1 Space

5,693 SF
Year Built

2004
For Lease Contact for pricing
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910 Industrial Blvd

910 Industrial Blvd, New Albany, IN
Property

Unassigned

960 SF
Year Built

1985
For Sale

$650,000
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1700 State Street

1700 State St, New Albany, IN
Property

Retail

8,146 SF
Availability

1 Space

2,500 SF
Year Built

1983
For Lease

$3,750.00/SF/YR
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84 ACRES -HARD TO FIND-Industrial -Ready to Develop

5426 Grant Line Road, New Albany, IN
Property

VacantLand
For Sale

$5,518,500
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2119-2131 Spring St

2119-2131 Spring St, New Albany, IN
Property

Retail

9,800 SF
Availability

3 Spaces

4,200 SF
Year Built

2001
For Lease

$14.50/SF/MO
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Free Standing Medical for Sale

2652 Charlestown Rd, New Albany, IN
Property

Office

4,361 SF
Year Built

2000
For Sale

$650,000
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Honey Creme Donut Shop

514 Vincennes St, New Albany, IN
Property

Retail

1,350 SF
Year Built

1950
For Sale

Subject To Offer
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110 East Market Street
The Root
110 East Market Street, New Albany, IN
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Printer

Privacy booths

Snacks

TV/Monitor
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1502 Beeler Street

1502 Beeler Street, New Albany, IN
Property

Industrial

86,136 SF
Year Built

1926
For Sale

$2,000,000
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1419 East Market Street

1419 East Market Street, New Albany, IN
Property

Industrial

5,247 SF
Availability

1 Space

5,247 SF
For Lease

$7.00/SF/YR
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State Road 60

State Road 60, New Albany, Sellersburg, IN
Property

VacantLand

1.13 Acre
For Sale

$575,000
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826 W Main St

826 W Main St, New Albany, IN
Property

Retail

3,378 SF
Availability

1 Space

3,378 SF
Year Built

2003
For Lease

$5,200.00/MO
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2601 Charlestown Rd

2601 Charlestown Rd, New Albany, IN
Property

Retail

2,431 SF
Availability

1 Space

2,431 SF
Year Built

1979
For Lease

$3,500.00/MO
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New Albany Family Dollar For Lease

1201 Vincennes Street, New Albany, IN
Property

Retail

8,050 SF
Availability

1 Space

8,050 SF
For Lease

$5.00 - $8.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The New Albany commercial real estate market incorporates 22,655 square feet of office space across 4 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The New Albany commercial real estate market includes 40,616 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the New Albany market, there is a total of 91,383 square feet of industrial property.

The listing inventory in New Albany incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in New Albany is represented by Retail space, which accounts for 26,252 square feet of available listings. Office space available in New Albany adds up to 18,294 square feet.

Meanwhile, most of the listings of commercial property for sale in New Albany are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in New Albany, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18.47 per square foot.

The average size of a commercial property in New Albany depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In New Albany, the average size of an office property is 11,328 square feet.
Retail properties here incorporate an average of 5,077 square feet.
Industrial space in New Albany is in buildings that are, on average 45,692 square feet in size.

New Albany, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Albany currently add up to 40,346 square feet. The market offers 2 active office listing(s), which amount to 18,294 square feet and account for 28% of commercial spaces on the market. Local retail availability includes 22,052 square feet across 5 retail space(s).

Property Type	Count of Listings	Total SF
Office	2	18,294
Retail	5	22,052

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in New Albany, IN. Currently, there is 98,387 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 2 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	4,361
Retail	2	1,792
Industrial	1	86,136
Other	4	6,098

New Albany, IN Commercial Real Estate for Lease and Sale

1501 E Spring Street

Free Standing Office Building - For Sale - New Albany, IN

Meijer | In-Store Retail Space

1333 Bono Rd

2011 Charlestown Rd.

910 Industrial Blvd

1700 State Street

84 ACRES -HARD TO FIND-Industrial -Ready to Develop

2119-2131 Spring St

Free Standing Medical for Sale

Honey Creme Donut Shop

110 East Market Street

1502 Beeler Street

1419 East Market Street

State Road 60

826 W Main St

2601 Charlestown Rd

New Albany Family Dollar For Lease

Frequently Asked Questions

New Albany, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Albany, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in New Albany, IN?

What factors affect the price of commercial real estate in New Albany, IN?

What are the best areas for commercial real estate in New Albany, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in New Albany, IN?

New Albany, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us