About 222 Pearl Street, New Albany, Indiana, 47150
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.
Property Sub-Type Additional : Office, Retail
Property Condition : Resale
Current Use : HotelMotel, Office, Retail
Construction Materials : Frame
Property Sub-Type Additional : Office, Retail
Property Condition : Resale
Current Use : HotelMotel, Office, Retail
Construction Materials : Frame

Street Address: 222 Pearl Street
City: New Albany
State: Indiana
Postal Code: 47150
County: Floyd
Directions: In Historic Downtown New Albany on Pearl St between Market and Main Streets

Property Information :
Listing Status: Withdrawn
Size: 25,300 Sqft
MLS #: 2024012453
Price: $1,950,000
Tax Amount: 14732
Construction Status: Built in 1919
Last Modified : Feb 28 2025 2:54AM

Courtesy of: Paul R Kiger II, RE/MAX Advantage (MLS# 427)
Source MLS: SIRA