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2668 Charlestown Rd 4,900 SF Retail Building New Albany, IN 47150 $975,748 CAD ($199.13 CAD/SF)
INVESTMENT HIGHLIGHTS
- PRICE REDUCED
- New Paint and HVAC
- Two stories and divided to become additional rental income
- Great QSR/retail pad - corner lot on high traffic street
- Ample warehouse and storage space but is flexible and could accommodate another plan.
- Reach out to Sharon Handy (502) 895-8300 for any questions at all or for more information
EXECUTIVE SUMMARY
PRICE REDUCED! 2668 Charlestown Road offers a rare chance to own a recently renovated commercial property in one of Southern Indiana’s most active and up-and-coming corridors. With 4,960 SF of flexible space on a high-visibility corner lot featuring 135 feet of road frontage, this property is ideal for an owner-operator or investor.
Currently operating as a successful retail smoke shop, the property includes:
• GREAT QSR/retail pad
• A spacious showroom and office
• Stockroom and backroom areas
• Two oversized garages with ample storage
• Second-floor shop with garage-style loading door
• Outdoor storage shed and carport
The property’s layout makes it well-suited for multiple uses or subdivision for additional rental income. Recent updates include new HVAC, roof, and fresh paint, ensuring a move-in-ready condition for the next owner.
With its excellent location, visibility, and versatility, this property is a strong investment in a growing market.
Currently operating as a successful retail smoke shop, the property includes:
• GREAT QSR/retail pad
• A spacious showroom and office
• Stockroom and backroom areas
• Two oversized garages with ample storage
• Second-floor shop with garage-style loading door
• Outdoor storage shed and carport
The property’s layout makes it well-suited for multiple uses or subdivision for additional rental income. Recent updates include new HVAC, roof, and fresh paint, ensuring a move-in-ready condition for the next owner.
With its excellent location, visibility, and versatility, this property is a strong investment in a growing market.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$9,455
|
$2.14
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,455
|
$2.14
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $9,455 |
| Annual Per SF | $2.14 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $9,455 |
| Annual Per SF | $2.14 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,900 SF
Building Class
C
Year Built/Renovated
1955/2025
Price
$975,748 CAD
Price Per SF
$199.13 CAD
Tenancy
Single
Building Height
2 Stories
Loading Docks
3 Exterior
Building FAR
0.37
Lot Size
0.30 AC
Zoning
MUC - MUC = Mixed-Use Corridor zoning district; a common zoning classification used in urban planning to encourage vibrant and walkable neighborhoods.
Parking
15 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
187’ on Charlestown Rd
AMENITIES
- Corner Lot
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 22-05-04-300-282.000-008 | Total Assessment | $253,275 CAD (2024) |
| Land Assessment | $134,609 CAD (2024) | Annual Taxes | $9,455 CAD ($1.93 CAD/SF) |
| Improvements Assessment | $118,665 CAD (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
22-05-04-300-282.000-008
Land Assessment
$134,609 CAD (2024)
Improvements Assessment
$118,665 CAD (2024)
Total Assessment
$253,275 CAD (2024)
Annual Taxes
$9,455 CAD ($1.93 CAD/SF)
Tax Year
2023 Payable 2024
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2668 Charlestown Rd
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