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Informations principales sur l'investissement

  • Heavy traffic
  • Renovated in 2002-2003
  • Turnkey

Résumé analytique

Welcome to The Grand, a beautifully maintained and highly sought-after event venue located in the heart of historic downtown New Albany. Located at 138 E Market Street, this established property offers a rare opportunity to acquire a fully operational, income-producing venue with a strong reputation for hosting weddings, receptions, proms, corporate functions, and private events.
Designed with both elegance and functionality in mind, the venue features a versatile layout that accommodates a wide range of gatherings, complemented by timeless architectural details that create a warm and inviting atmosphere. Its prime location—just minutes from Louisville with convenient access to major highways—continues to draw both local and regional clientele.
This is a true turnkey offering, including over $200,000 in existing inventory and equipment. The sale includes tables, chairs, linens, a fully stocked kitchen, coolers, prep equipment, a press, and more—allowing a new owner to step in and operate immediately without significant upfront investment. The City of New Albany has plans to restore and update the iconic marquee and exterior sign, which will significantly enhance the property’s curb appeal and street presence once completed.(New Albany also offers access to various business development incentives and grant opportunities, including funding initiatives available throughout the downtown and riverfront districts. The Caesars Foundation has historically awarded substantial grant funding to qualifying businesses and redevelopment projects along the river corridor — in some cases reaching up to $500,000.) These potential resources, combined with the continued revitalization of downtown New Albany, make this a unique opportunity with strong upside potential.
Whether you are an investor or an entrepreneur entering the thriving events industry, The Grand offers income potential with room for continued growth.
Showings by appointment only. Visit https://grandnewalbany.com/gallery for additional photos!

Informations sur l’immeuble

Prix 1 139 086 €
Prix par m² 1 021,75 €
Type de vente Investissement ou propriétaire occupant
Type de bien Spécialité
Sous-type de bien Hall/Salle de réunion
Classe d’immeuble C
Surface du lot 0,07 ha
Surface de l’immeuble 1 115 m²
Nb d’étages 2
Année de construction/rénovation 1921/2002
Ratio de stationnement 0,05/1 000 m²
Rues transversales Pearl St
Zone de développement économique [USA] Oui
Zonage Commercial - Commercial/ Comm City Downtown District

Caractéristiques

  • Climatisation
Moyennement praticable à pied
60/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100

Taxes foncières

Taxes foncières

Numéro de parcelle
22-05-00-200-300.000-008
Évaluation du terrain
35 487 €
Évaluation des aménagements
383 521 €
Évaluation totale
419 008 €
  • ID de l’annonce: 40393287

  • Date de mise sur le marché: 04/05/2026

  • Dernière mise à jour:

  • Adresse: 138 E Market St, New Albany, IN 47150

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