Office For Lease Downtown New Albany, Indiana 47150

227 Pearl Street New Albany, IN 47150

227 Pearl Street, New Albany, IN, 47150
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FOR LEASE NNN Property
Property Type:
Single Tenant Office
Cap Rate:
0.00%
Last Verified:
Jul 11, 2026

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2 times

Daily Blasts Dates

Jul 11, 2026 21:22:37

Jun 06, 2026 02:17:36



A Beautiful Canvas for Your Next Business Home in Downtown New Albany, Indiana $13.64 NNN

Located at the corner of Pearl Street and Market Street in the heart of Downtown New Albany, this beautifully designed, creative office property offers approximately 7,388 SF across two elevator-served floors, with natural lighting throughout, outdoor amenities, and flexible occupancy options.

 

The property features approximately 3,394 SF per floor and is ideal for creative firms, professional office users, tech companies, agencies, coworking concepts, or headquarters seeking a unique urban setting with character and visibility.

 

$13.64 NNN

 

The property offers immediate access to restaurants, retail, entertainment, and the Ohio River corridor. The location provides convenient connectivity to Louisville via I-64 and I-265, making it attractive for regional office users seeking an urban environment outside the CBD.

 

Highlights include:

Approximately 7,388 +/- SF total Two floors | ±3,550 SF per floor

Elevator-served building

Creative office layout with modern character Balcony and outdoor deck space

Corner location at Pearl Street & Market Street

Excellent natural light and downtown views

Walkable Downtown New Albany location

Flexible leasing opportunity

Potential sale opportunity available.

Parking:

Pearl Street Parking Ramp: This structure provides 62 free parking spaces and is located directly within walking distance on the same street. State Street Parking Garage: Located a couple of blocks away at 316 State Street. According to the City of New Albany Parking Guide, parking here features various monthly rates but is completely free on weeknights after 5:00 PM and all day on weekends. Free Public Surface Lots The city manages several designated public lots nearby that offer open parking or shopping-specific spots: Black Street Lots (West and East): Situated just north of the downtown core, these two lots combine to offer 187 free public parking spaces. Caboose Lot & State Street Shoppers Lot: These lots provide targeted free parking for shoppers and visitors exploring the immediate downtown businesses. Farmer's Market Lot: Located nearby at 202 E Market Street, offering 17 free spaces outside of active market hours. On-Street Metered Parking Availability: Abundant metered spots line Pearl Street and Market Street. Cost: Rates generally run between $1.25 to $1.50 per hour. Enforcement: Meters are enforced from 7:00 AM to 6:00 PM, Monday through Saturday, meaning street parking is entirely free overnight and on Sundays.

 

All information provided in this listing including all attachments, images and links are for general review purposes only. While from sources deemed reliable, all information is subject to errors, omissions, deletions and updates without notice. The potential tenant or purchaser is responsible for verifying all information presented.


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Map of 227 Pearl Street, New Albany, IN, 47150

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.