Turnkey Wedding and Event
New
For Sale
$1,300,000
138 E Market Street, New Albany, IN 47150
Commercial Sale, New Albany, IN
Property SizeContact for details
Lot Size0.17 Acres
Days on Market6
Property Features for 138 E Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Security features
Security System
Elementary school district
New Albany-Floyd Co Con Sch
Middle school district
New Albany-Floyd Co Con Sch
High school district
New Albany-Floyd Co Con Sch
Directions
GPS Friendly
Subdivision
2204 - Floyd - New Albany
Standard status
Active
APN
220500200300000008
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
P 93 L 9 & W 60' L 16 #61 (22-05-00-200-301.000-008) & Prt L 14 9.63 Ft #64 (22-05-00-200-304.000-008)
Tax Annual Amount
6570
Legal Description
P 93 L 9 & W 60' L 16 #61 (22-05-00-200-301.000-008) & Prt L 14 9.63 Ft #64 (22-05-00-200-304.000-008)
Building Details
Year built
1921
Listing Agency:
Kovener & Associates Real Esta
(812) 565-9048
Listed By:
Tamara Barger · License #RB23001253
(812) 820-1645
Added: Sep 12
Changed: Sep 13
Last Checked: Sep 17 at 7:06AM
MLS# 22125827
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Grand is a fully operational wedding and event venue at 138 E Market Street in New Albany, Indiana. Built in 1921, the property offers a flexible setting for weddings, receptions, proms, corporate functions, and private gatherings. The sale includes tables, chairs, linens, kitchen inventory, coolers, preparation equipment, a press, and other operating assets.
The venue is situated in downtown New Albany, with access to Louisville and major highways. The property encompasses 0.17 acres and carries Commercial zoning. Its event-oriented improvements and included furnishings support continued operation across multiple types of private and business functions.
The venue is situated in downtown New Albany, with access to Louisville and major highways. The property encompasses 0.17 acres and carries Commercial zoning. Its event-oriented improvements and included furnishings support continued operation across multiple types of private and business functions.
Key Highlights
- Fully operational wedding and event venue at 138 E Market Street
- Built in 1921 on 0.17 acres
- Commercial zoning in downtown New Albany
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Wedding venue - Fully operational venue with flexible event spaces, kitchen equipment, furnishings, and a downtown setting near Louisville.
Where is this wedding venue located?
The property is located at 138 E Market Street New Albany, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully operational wedding and event venue at 138 E Market Street; Built in 1921 on 0.17 acres; Commercial zoning in downtown New Albany
