138 E Market Street, New Albany, IN 47150
sale
$1,300,000
|
Other
Courtesy Of Kovener & Associates Real Estate
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Legal Description: P 93 L 9 & W 60' L 16 #61 (22-05-00-200-301.000-008) & Prt L 14 9.63 Ft #64 (22-05-00-200-304.000-008)
- MLSID: 22125827
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