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    New Albany, IN
    Conventional Restaurant

    New Albany, IN Conventional Restaurants for Sale

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    Louisville, KY Floyds Knobs, IN Georgetown, IN Clarksville, IN Jeff, IN Jeffersonville, IN Paducah, KY Mayfield, KY
    Historic Restaurant and Event Patio
    Updated: May 29
    Historic Restaurant and Event Patio

    319 Pearl Street, New Albany, IN 47150

    $1,575,000
    11,442 sqft 0.11 AC lot
    Iconic building in a historic downtown district offering a prestigious presence.
    Includes an outdoor patio area adjoining a city park that hosts events and concerts.
    Operating winery/restaurant occupies the first and lower levels.
    Potential for a separate living space, unit, or Airbnb operation.
    Private living space with private entry at street level in the front and back.
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    Mixed-Use Apartment Building
    Updated: May 29
    Mixed-Use Apartment Building

    207 East Main Street, New Albany, IN 47150

    $1,590,000
    Mixed‑use property with apartment units and first‑floor restaurant space
    1st‑floor restaurant space available by appointment
    Minimum 24 hours notice required for apartment showings
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Prime Louisville Business Opportunity
    Prime Louisville Business Opportunity

    1444 Dixie Hwy, Louisville, KY 40210

    $350,000
    1,960 sqft 0.11 AC lot

    Turnkey Restaurant/Grocery, 2014 Build

    View details
    Germantown Bar, Restaurant, and Venue
    Germantown Bar, Restaurant, and Venue

    1481 S Shelby St, Louisville, KY 40217

    $799,000
    9,704 sqft 0.84 AC lot

    Two-story building with bar, restaurant, music venue, and parking.

    View details
    Established Restaurant and Retail Business
    Established Restaurant and Retail Business

    800 N Main Street, Salem, IN 47167

    $550,000

    Award-winning business opportunity with real estate and all assets.

    View details
    Regional Event Facility For Sale
    Regional Event Facility For Sale

    1500 E Rc Morris Drive, Salem, IN 47167

    $1,200,000

    First-class event facility with excellent commercial kitchen and ample parking.

    View details

    New Albany, IN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in New Albany, IN on our real estate platform. These investment opportunities span a total of 11,442 square feet of properties for sale, with an estimated market value of $1,575,000.

    Sale prices for conventional restaurants in New Albany, IN start at $1,575,000, averaging $1,575,000, and reaching up to $1,575,000 — 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 3
    Drive through restaurants 2
    Bars & Pubs 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 $1.6M

    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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