138 E Market Street, New Albany, IN 47150

$1,300,000
12,000
SqFt

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List Price
$1,300,000
MLS#
22125827
Property Type
Commercial Sale
Sqft. of Residence
12,000
Year Built
1921
Days on Market
0
Status
ACTIVE

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.

Additional Information

Acres
0.17
Region
New Albany

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Calculator source: Real Geeks

Listing courtesy of Kovener & Associates Real Esta.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative