1,716 sqft

$259,900

331 Vincennes Street, New Albany IN, 47150

Price per sqft$151.46

Built in1929

Property size1,716 sqft

Property typeCommercial

Overview

Active

Listed Jul 31, 2026

Updated 10 days ago

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!

Additional information

MLS^® ID: 2026010599

Interior Features

Basement: No

Exterior Features

Lot Size: 0.07 Acres

Other Property Details

Taxes: $1,681
Tax Frequency: Annually

Listed by Candice Ritchie with Green Tree Real Estate Services
Listing Contact: 502-930-0727

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 10/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/3/2026 at 4:40 AM UTC