Back

1 of 34

2 of 34

3 of 34

4 of 34

5 of 34

6 of 34

7 of 34

8 of 34

9 of 34

10 of 34

11 of 34

12 of 34

13 of 34

14 of 34

15 of 34

16 of 34

17 of 34

18 of 34

19 of 34

20 of 34

21 of 34

22 of 34

23 of 34

24 of 34

25 of 34

26 of 34

27 of 34

28 of 34

29 of 34

30 of 34

31 of 34

32 of 34

33 of 34

34 of 34

227 Pearl St
New Albany, IN 47150 Downtown New Albany

$5,766 USD/MO

Office For Lease • 3,740 SF

Property Details

Property Type Office
Year Built 1929
Total Building Size 11,223 SF
Tenancy Multiple
Building Class B

30 Transit Score

60 Walk Score

1 Space Available

Name	Space Use	Size	Rent	Details
1st Floor Ste 227	Office	3,740 SF	$18.50 USD/SF/YR
Date available: Now Lease term: Negotiable Service type: Triple Net Space Type: Relet

Description

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 7,100 SF across two elevator-served floors, with natural lighting throughout, outdoor amenities, and flexible occupancy options.

The property features approximately 3,550 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. 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 7,100 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.
Ideal users include corporate HQ, design firms, architectural or engineering offices, marketing & advertising agencies, tech and start-up companies.

Public Garages and Dedicated Structures

Pearl Street Parking Ramp: This structure provides 62 free parking spaces and is located directly within walking distance on the very 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.