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Courtesy of NextHome Elite Real Estate, Cortney Felton, Cell: 765-748-6334
2 Baths
2,770 sqft

$199,900

437 W State Street, Albany IN, 47320

Built in1925
Property size2,770 sqft
Property typeCommercial

Overview

Active

Updated 11h ago

A unique historic brick building, beautifully remodeled in 2008, offering an excellent opportunity for business owners, entrepreneurs or investors in Albany, Indiana. Located at 437 W State St, this property features approximately 1,500 square feet of finished interior space along with an approximately 1,270 square foot attached heated garage and shop. Zoned C2 General Commercial, the property offers possibilities for office space, business operations, residential living or a combination of uses. Previously utilized as an accounting office and more recently as a residential home, the building offers a flexible layout with impressive 11' ceilings, large windows, crown molding, hardwood floors and spacious rooms. The interior currently includes 2 bedrooms, 1 full bathroom, an open kitchen and dining area, and a recently added butler pantry. Hardwired data lines throughout the building and phone wiring designed to support up to 6 lines provide additional infrastructure for potential office or business use. The attached heated garage and shop offers approximately 1,270 square feet and includes a half bathroom, 220V electrical hookups, a paint room, a floor drain, a utility sink hookup and a newer overhead garage door and opener. The property also features two separate 200 amp electrical panels, one serving the finished interior space and the other serving the garage and shop, providing valuable electrical capacity for potential business operations. Two separate furnaces provide independent heating for the living space and garage/shop. Highway frontage offers excellent visibility, while off street parking on the west side of the property provides convenient access. Electrical service is also in place in the front yard for potential business signage. Additional improvements include an instant water heater and a roof over the finished living space that is approximately 6 years old. With its combination of commercial zoning, finished interior space, substantial heated shop area and residential possibilities, this property offers flexibility for a variety of potential uses in a convenient Albany location.

Additional information

MLS® ID
202645944

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$1,619
Tax Frequency
Annually
Garage
Yes
Municipality
Delaware
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 3:49 AM UTC, 11/8/2026

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