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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 Clarksville, IN Georgetown, IN Jeffersonville, IN Lanesville, IN Shively, KY Sellersburg, IN
    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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    Mixed-Use Apartment Building
    Updated: May 24
    Mixed-Use Apartment Building

    207 E Main St, New Albany, IN 47150

    $1,590,000
    9,552 sqft
    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
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    Turn-Key Restaurant with Road Frontage
    Turn-Key Restaurant with Road Frontage

    1125 State St, New Albany, IN 47150

    $350,000
    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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    See hot listings in New Albany

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    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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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Commercial Kitchen with Storefront
    Commercial Kitchen with Storefront

    127/129 W Court Ave, Jeffersonville, IN 47130

    $365,000
    3,548 sqft 0.12 AC lot

    Existing food-service infrastructure, street-level seating, and CD zoning support restaurant, bar, retail, or office use.

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    Riverfront Conventional Restaurant
    Riverfront Conventional Restaurant

    601 W Riverside Dr, Jeffersonville, IN 47130

    $6,000,000
    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 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
    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 4 conventional restaurants for sale in New Albany, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 35,226 square feet of properties for sale, with an estimated market value of $3,515,000.

    Sale prices for conventional restaurants in New Albany, IN start at $350,000, averaging $1,171,666, and reaching up to $1,590,000 — 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 6
    Bars & Pubs 1
    Coffee shops 1
    Commercial kitchens 1
    Drive through restaurants 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 $1M

    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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in New Albany, IN

    • 47150

    Featured New Albany Real Estate Agencies

    Realmo connects you with licensed New Albany CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker McMahan
    5150 Charlestown Rd., Ste 1 New Albany, IN 47150
    Phone: (812) 949-0202
    www.cbmcmahan.com
    Schuler Bauer Real Estate Services
    4206 Charlestown Rd New Albany, IN 47126
    Phone: (812) 948-2888
    www.SchulerBauer.com
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