1720 Old River Road, New Albany, IN 47150
sale
$1,850,000
|
Other
Courtesy Of BHG Realty
Rare riverfront opportunity on 3 acres along the Ohio River in New Albany, IN. Currently operating as River's Edge Dive Bar, this two-level commercial building offers multiple bar areas, a newly updated interior, and an expansive outdoor entertainment area featuring a stage, outdoor bar, string lighting, fire pit, and covered lounge with pool table. The property's generous acreage provides ample room for future expansion, additional structures, or parking. Positioned along New Albany's growing riverfront, the site offers direct access to the Ohio River and sits in an area of continued regional investment, making it a strong opportunity for a restaurant, entertainment venue, or other riverfront concept, whether operated as-is or redeveloped. Sale includes the building and its contents, offering a turnkey opportunity for a buyer to close and reopen immediately. Ideal for an owner-operator or investor looking to capitalize on the area's continued growth.
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Property Features
- Age: Over 50 Years Old
- Legal Description: P 148 L 4 / 10'X120' VACATED ALLEY #13
- MLSID: 2026011552
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