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$1,300,000

138 E Market Street, New Albany, IN, 47150

Active

80 photos · 5 shown · tap a photo to enlarge

Year built
1921
Status
Active
Days on market
1
Type
Mixed Use
MLS #
MBR22134965

Own a downtown landmark and the opportunity that comes with it! The Grand at 138 E Market Street combines timeless character, an established event business, and an exceptional setting in historic downtown New Albany. This fully operational, income-producing venue hosts weddings, receptions, proms, corporate gatherings, and private celebrations, with a versatile layout and distinctive architectural details that create a memorable backdrop for every occasion. Convenient access to Louisville and major highways attracts local and regional clientele. The turnkey sale includes more than $200,000 in inventory and equipment, including tables, chairs, linens, kitchen equipment, coolers, prep equipment, a press, and more providing the essentials to continue operations and bring your vision to life. The City of New Albany has discussed potential restoration and updates to the iconic marquee and exterior sign; however, timing and completion have not been confirmed. Ongoing downtown revitalization and potential business incentives add to the opportunity for a new owner to build on The Grand's established presence. Explore the possibilities and make The Grand's next chapter your own!