331 Vincennes Street, New Albany, IN 47150

Property Description

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!