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Listed by Tamara Barger • Kovener & Associates Real Esta
$ 1,300,000
Est. payment | /mo
12,000 SqFt
$ 1,300,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $108
MLS Listing ID 22125827
Year Built 1921
Tax Year 2025
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.
Location
State IN
County Floyd
Zoning Commercial
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District New Albany-Floyd Co Con Sch
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