Commercial Property Buyers in New Albany, Indiana
Kentuckiana Commercial Co. is a local, principal buyer of commercial property in New Albany, Indiana — not a broker, an agent, or a national lead site. We are based minutes away in Jeffersonville, we know the New Albany market firsthand, and we buy commercial buildings directly with our own capital. If you own a building here and want a straightforward path to a sale, we can review it and talk through your options.
Who this page is for
This page is for owners of commercial real estate in New Albany who are weighing a sale and want to talk with a real buyer rather than list and wait. That includes owners of historic downtown commercial and mixed-use buildings along Pearl Street and Market Street, retail and service buildings on the State Street corridor and Charlestown Road, small office buildings, and 5-plus unit multifamily near the IU Southeast area off Grant Line Road.
Because we buy directly, there is no listing, no agent on our side of the table, and no national call center routing you through a script. You are dealing with a local commercial property buyer who makes the decision here. Note that 1-4 unit residential is handled by our sibling company, Mortgage Forfeiture — KCC focuses on commercial and larger multifamily.
Commercial buildings we buy in New Albany
New Albany’s building stock is varied, and we look at most of it. The kinds of properties we commonly review include:
- Historic downtown storefronts and mixed-use buildings near Pearl Street, Market Street, and Bank Street — including older masonry buildings that need work
- Retail, restaurant, and service buildings along the State Street corridor and Charlestown Road
- Standalone and small multi-tenant office buildings, including the office stock near Grant Line Road and IU Southeast
- Small to mid-size multifamily of 5 units and up, including older apartment buildings on the city’s near-north and east sides
- Light-industrial, flex, warehouse, and owner-user buildings on the edges of the city
What we review before a direct purchase
A commercial purchase is only as good as the homework behind it. When you submit a New Albany building, we work through the things that actually drive value and risk on commercial property:
- Physical condition — roof, structure, and mechanicals, especially deferred maintenance in older downtown masonry buildings near Pearl and Market
- Tenants and leases — occupancy, rent roll, lease terms, and any below-market or month-to-month exposure
- Title and liens — mortgages, judgments, mechanic’s liens, and Floyd County back property taxes
- Zoning and use — current zoning, legal use, and whether the building conforms
- Access, parking, and site — frontage, parking count, and any easement or access issues
- Environmental and code — prior commercial use, known environmental concerns, and open code or occupancy items
We do this work up front so the conversation is grounded in the real condition of your building rather than a vague range.
Situations New Albany owners bring to us
Most owners who reach out aren’t in distress. They’re partners winding down a shared holding, an heir who doesn’t want to manage an inherited building, the owner of a half-leased downtown property that has become a drag, or someone holding a tired building that needs more capital than they want to put in. Others are simply ready to exit and would rather not spend months listed while the market reads the vacancy.
Why selling to a direct buyer can make sense here
A traditional commercial listing can work well for a clean, fully leased, modern building. It tends to be harder on older downtown stock, partially vacant buildings, or properties with title or condition issues — the financing falls through, buyers ask for repairs, and the timeline drags. A direct sale removes the contingencies that usually cause those deals to stall.
How the process works
- You tell us about the property — address, type, rough condition, and the lease or tenant situation.
- We review it the way a buyer should — pulling the rent roll, walking the building, and checking title, zoning, and any liens or back taxes. Because we’re local, the walk-through usually happens within days.
- We talk through what a direct purchase would look like, what we see in the building, and answer your questions.
- If it works for both sides, we move toward a purchase with our own capital — no buyer’s lender, no financing contingency, and no third-party re-trade — on a timeline that fits you.
New Albany commercial sellers ask
Are you a broker or a real estate agent?
No. Kentuckiana Commercial Co. is a direct commercial property buyer based in Jeffersonville, Indiana, and part of Oettinger Management Group. We purchase commercial buildings with our own capital — we are the buyer, so there is no listing agreement and no buyer-side agent commission charged to you.
What parts of New Albany do you buy in?
We buy across the city — downtown along Pearl Street and Market Street, the State Street and Charlestown Road corridors, office and retail near Grant Line Road and IU Southeast, and outlying flex and industrial buildings. As a Jeffersonville-based buyer, New Albany is a few minutes away, so we can look at properties in person quickly.
Do I need to make repairs or fill vacancies before selling?
No. We buy commercial property in New Albany as-is. Deferred maintenance, an end-of-life roof, partial vacancy, or open code items are part of what we underwrite and account for in the purchase — they are not things you have to fix or lease up before reaching out.
What types of buildings do you focus on?
Kentuckiana Commercial Co. buys commercial property — retail, office, mixed-use, and light-industrial — plus multifamily of 5 units and up. For 1-4 unit residential, our sibling company Mortgage Forfeiture is the right contact; KCC stays in the commercial and larger multifamily lane.
What does a property review involve, and does it cost anything?
There is no cost. A property review means we look at your rent roll, condition, title position, and zoning, and tell you whether a direct purchase makes sense — and we’ll say so plainly if a brokered listing would serve you better. Nothing you share obligates you to sell.
Where owners go from here
Sell a commercial property in New Albany
Tell us about your building. We’re a local buyer based minutes away in Jeffersonville, and we’ll review your New Albany property and give you a straight answer. Request a property review to get started.