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    New Albany, IN
    Conventional Restaurant

    New Albany, IN Conventional Restaurants for Sale

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    Historic Mixed-Use Building with Patio
    Updated: May 29
    Historic Mixed-Use Building with Patio

    319 Pearl Street, New Albany, IN 47150

    $1,575,000
    11,442 sqft 0.11 AC lot
    11,442‑square‑foot mixed‑use building
    0.11‑acre property comprising 2 parcels
    First and lower levels currently occupied by a winery and restaurant
    Lower level includes wine production and barrel storage space
    Outdoor patio parcel adjoins City Pak
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    This listing looks promising.

    Here's a quick look at some key insights for

    319 Pearl Street, New Albany, IN 47150

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $116K
      Annual

    • Mortgage

      $560K
      Dec 2022

    • Last Sold

      Aug 2008
      $225K

    • Property Type

      Retail Stores
      Built 1959
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    Net-Leased Chipotle Drive-Through
    Updated: Apr 3
    Net-Leased Chipotle Drive-Through

    2133 State St, New Albany, IN 47150

    $2,350,607
    2,325 sqft 0.80 AC lot
    Newly constructed 2,325 SF build‑to‑suit Chipotle on a 0.8‑acre lot
    Traditional Chipotle net lease with minimal landlord responsibility and warranties
    15‑year base term with just under 13 years remaining
    Rental increases of 10% every 5 years, with 3 x 5‑year options
    Ample parking with pylon signage and easy ingress/egress at a signalized intersection
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    Historic Restaurant and Patio Building
    Historic Restaurant and Patio Building

    319 Pearl Street, New Albany, IN 47150

    Contact for pricing
    11,442 sqft

    Real estate sale includes two parcels with an outdoor patio adjoining City Park and an interior bar, lounge, and dining area.

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    Restaurant With Road Frontage
    Restaurant With Road Frontage

    1125 State Street, New Albany, IN 47150

    Contact for pricing
    2,232 sqft

    Restaurant property with equipment and furniture included in the sale.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Property with Outdoor Seating
    Mixed-Use Property with Outdoor Seating

    225 State St, New Albany, IN 47150

    Contact for pricing
    12,000 sqft

    Commercially zoned building offering restaurant, retail, and office-use space across two levels.

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    Neighborhood Restaurant Property
    Neighborhood Restaurant Property

    2743 Charlestown Rd, New Albany, IN 47150

    Contact for pricing
    2,150 sqft 0.43 AC lot

    Restaurant property situated among established retail and residential development.

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    Turn-Key Restaurant with Road Frontage
    Turn-Key Restaurant with Road Frontage

    1125 State St, New Albany, IN 47150

    Contact for pricing
    2,232 sqft

    Turn-key restaurant for sale with road frontage and equipment and furniture that generally stay with the property.

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    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    207 East Main Street, New Albany, IN 47150

    Contact for pricing

    For-sale mixed-use property with apartment units and first-floor restaurant space, available by appointment with notice.

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    Bar Property with Gaming Permit
    Bar Property with Gaming Permit

    330 Vincennes St, New Albany, IN 47150

    Contact for pricing
    0.37 AC lot

    C2-zoned bar property with furnishings, kitchen equipment, and detached office space.

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    Restaurant and Entertainment Venue
    Restaurant and Entertainment Venue

    7180 Grant Line Rd, New Albany, IN 47150

    Contact for pricing

    Long-running restaurant at 7180 Grant Line Rd with an on-site bar and space for live entertainment or group events.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in New Albany, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Basement
    Mixed-Use Property with Basement

    4317 W Market St, Louisville, KY 40212

    $250,000
    2,587 sqft

    C2-zoned offering combines commercial buildings, an apartment, and a vacant lot with shared asphalt parking.

    View details
    Brand New Chipotle Restaurant
    Brand New Chipotle Restaurant

    3513 E 10th St, Jeffersonville, IN 47130

    $2,657,142

    Newly constructed Chipotle restaurant located on E 10th St in Jeffersonville’s retail corridor.

    View details
    Riverfront Conventional Restaurant
    Riverfront Conventional Restaurant

    601 W. Riverside Drive, Jeffersonville, IN 47130

    Contact for pricing
    13,465 sqft

    Operating restaurant business offered with its building and underlying real estate along the Ohio River.

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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    4315 W Market St, Louisville, KY 40212

    $250,000

    C2-zoned property combines barbershop, restaurant, apartment, and shared asphalt parking across two adjoining lots.

    View details

    New Albany, IN Conventional Restaurants Market Trends and Statistics

    Explore 10 conventional restaurants for sale in New Albany, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 43,823 square feet of properties for sale, with an estimated market value of $3,925,607.

    Sale prices for conventional restaurants in New Albany, IN start at $1,575,000, averaging $1,962,803, and reaching up to $2,350,607 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 8
    Bars & Pubs 3
    Drive through restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +3.7%
    Median Household Income $62,212
    College Educated 18.3%

    High-Yield Neighborhoods for Investment

    Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47150 $2M

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $33.47 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Floyd County

    New Delisted

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