REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,300,000
Est. payment /mo
New
138 E Market ST New Albany, IN 47150
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026011738
Construction Status Resale
Year Built 1921
Annual Tax Amount $6,569
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Business
Property Description
Welcome to The Grand, a beautifully maintained, fully operational event venue in historic downtown New Albany. Located at 138 E Market Street, this established, income-producing property hosts weddings, receptions, proms, corporate functions, and private events. Its versatile layout, timeless architectural details, and convenient location near Louisville and major highways attract local and regional clientele. The turnkey sale includes more than $200,000 in inventory and equipment, including tables, chairs, linens, a stocked kitchen, coolers, prep equipment, a press, and more. The City of New Albany plans to restore and update the iconic marquee and exterior sign, enhancing curb appeal. Downtown revitalization and available business incentives offer additional upside. Visit https://grandnewalbany.com/gallery for additional photos.
Location
State IN
County Floyd
Direction GPS friendly.
Interior
Fireplace No
Exterior
Present Use Hotel/Motel,Other,Restaurant,Special Use
Building
New Construction No
Construction Status Resale
Others
Tax ID 220500200300000008
Listed by Kovener & Associates Real Esta