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Turn-Key Restaurant with Road Frontage
For Sale
$350,000

1125 State St, New Albany, IN 47150

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

Property Size2,232 SF
Price / SF$156.81
Days on Market174

Property Features for 1125 State St

General Information

Standard status Active
Size 2,232 SF
Property subtype Retail
Zoning C-1B

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
Listing Agency: JPAR Aspire
Listed By: William Kramer · License #RB18001446
Source: Kcrea.resimplifi
Added: Mar 16 Changed: Sep 3 Last Checked: Sep 5 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JPAR Aspire

Investment Insights

Based on property information with market context.

This turn-key restaurant is offered for sale with equipment and furniture that will stay with the property, except for items that are rented or specific to the seller’s trade and can be removed upon request. The property is presented as a ready-to-operate restaurant space, subject to the exceptions noted above.

The restaurant has road frontage on State Street in New Albany. The public remarks describe the site as about a minute to Downtown and convenient to Floyd County Hospital, with a short commute to 64 or 265.

The offering includes the existing restaurant setup, with the option to exclude certain seller-specific items, providing a straightforward path for a buyer looking for an operational configuration at the time of acquisition.

Key Highlights

  • Turn‑key restaurant for sale on State Street in New Albany with road frontage
  • Equipment and furniture included; items generally stay with the property unless rented or for the seller’s trade
  • Equipment and furniture can be removed upon request

Property Analytics

Current Use

Dock Seafood New ... Restaurant

Suggested Use

Top Pick HVAC Service Building Supply Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

911
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47150, IN

49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Frishes New Albany, IN 47150

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant for sale with road frontage and equipment and furniture that generally stay with the property.
Where is this conventional restaurant located?
The property is located at 1125 State St New Albany, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turn‑key restaurant for sale on State Street in New Albany with road frontage; Equipment and furniture included; items generally stay with the property unless rented or for the seller’s trade; Equipment and furniture can be removed upon request
More about this property
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