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222 Pearl Street
New Albany, IN 47150
Paul R Kiger II with RE/MAX Advantage, original listing - (812) 923-7050

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Property Details


List Price: $1,950,000
Beds: --
Baths: --
Status: Active
SqFt: 25300 Square Feet
Agency: RE/MAX Advantage
Agency Phone: (812) 923-7050

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Description/Comments


Lot Size: 0 acre(s)
Property Type: Commercial Sale-Other
Year Built: 1919
Notes: A rare and historic opportunity. The White House, a department store from 1909-1977 is an iconic landmark. Develop New Albany made it a major focus of their early downtown development efforts, the city secured the structure, and John Waggoner redeveloped the entire building into Class A office space and street level retail storefronts. A canopy entrance, an inner vestibule, and a lobby welcomes guests into the building and the two retail storefronts. Mr. Waggoner created a mezzanine above and a dramatic vault that soars over the main floor. Interior facades created from extensive millwork, French doors, and transom windows lettered in gold define individual office suites of 2 or more rooms each. There are seven of these on the first floor and each has the potential to be rented separately or in combination. The second floor features more formal corporate office trimmings with several executive office suites, a glass, mezzanine conference room and a call center. And all the way at the top, another rental opportunity with a full floor of offices, reception area, waiting area, thoughtfully designed offices and a space for 8 cubicles. With over 25,000 ft above grade, the building features front and rear egress stairwells, sprinkler and fire safety systems, and an elevator. Each floor features 3 newer HVAC systems, data/server room with fiber optic networking, two bathrooms, break rooms, and electronic key fob. Current tenants are under lease and financials are available.
MlsNumber: --
ListingId: 2024012453


Listing Provided By: RE/MAX Advantage, original listing
Phone: (812) 923-7050
Office Phone: (812) 923-7050
Agent Name: Paul R Kiger II
Disclaimer: Copyright © 2024 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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