303 E Main St, New Albany, IN 47150

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303 E Main St is located in New Albany, IN.

This corner lot is near the newly proposed condominium project at E Main between Pearl and Bank and the flood wall and yet a second development that is at the corner of Bank and E Main Street. These projects have been proposed to the City of New Albany as a matter of record. The $25 million dollar State of the Art YMCA opened Nov 2008. there have been over 30 buildings sold in the downtown area as this revitalization has occured. This site is prime for additional development and is located in the Urban Enterprise Zone, The Historic District and The Riverfront Redevelopment deistrict which allows for a 3 way liwuor license essential for free in the district as long as the annual $1000 fee is paid and you do $100,000 in sales with $50,000 of that in food. Great for restaurants. There have been 58 new businesses land in Downtown in the last 25 months. Visit downtown to see all of rthe new renovation taking place.