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Restaurant With Road Frontage
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1125 State Street, New Albany, IN 47150

Restaurant property with equipment and furniture included in the sale.

Property Size2,232 SF
Price / SF$156.81
Days on Market7

Property Features for 1125 State Street

General Information

Standard status Active
Size 2,232 SF
Property subtype Retail
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: JPAR Aspire
Listed By: William Kramer · License #IN RB18001446
Source: Crexi
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 7:36PM

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.

Restaurant property at 1125 State Street in New Albany with frontage along State Street. Furniture and equipment remain with the real estate, excluding rented items and equipment specific to the seller’s trade. The operating business is not included in the sale.

The property is located minutes from I-64. A built-in NNN leaseback option is available, with the seller scheduled to occupy the premises on a month-to-month basis through December 31, 2024.

Key Highlights

  • Restaurant property with State Street frontage
  • Furniture and equipment included, excluding rented or trade‑specific items
  • Operating restaurant business is not included in the sale

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

1,085
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Dining 29% Hotels & Casinos 10%
Circle K Shops & Services
16,840 visits/mo 0.1 miles
Circle K Shops & Services
8,727 visits/mo 0.5 miles
Waffle House Dining
8,072 visits/mo 0.3 miles
Wild Eggs Dining
7,332 visits/mo 0.4 miles
Chase Bank Shops & Services
6,686 visits/mo 0.2 miles

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
Rey
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Similar Off Market Nearby

  • Frishes New Albany, IN 47150

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with equipment and furniture included in the sale.
Where is this conventional restaurant located?
The property is located at 1125 State Street 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: Restaurant property with State Street frontage; Furniture and equipment included, excluding rented or trade‑specific items; Operating restaurant business is not included in the sale
(502) 475-3968 Call to check price and availability
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