Investment Overview

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3504 The single-parcel site is a flat paved lot with frontage on both streets, and water, sewer, and gas run along the street serving nearby businesses, positioning it as near shovel-ready. D-Downtown zoning permits a broad range of commercial, mixed-use, hospitality, office, medical, wellness, restaurant, and entertainment uses, giving a buyer flexibility to pursue boutique hospitality, office, retail, or entertainment concepts in a district with limited developable land. Buyers should note that the City of New Albany has a temporary moratorium on new non-owner occupied multifamily residential uses pending a zoning ordinance update anticipated later this year. The site sits just west of I-64, half a block from approximately 5,000 VPD on W 5th St at W Spring St, within a walkable district of restaurants, breweries, boutique retail, and entertainment venues. More than 420,000 residents live within a 10-mile radius, and the broader Louisville MSA of 1.3M residents is anchored by UPS Worldport, Humana, Ford, and Norton Healthcare.