Restaurant Space with Loft
For Lease
$14 SF/Yr Modified Gross
1513-1515 E Market St, New Albany, IN 47150
The offering combines a second-generation food-service space with a remodeled, multi-use loft.
Space SizeContact for details
Days on Market230
Property Features for 1513-1515 E Market St
General Information
Standard status
Active
Property subtype
Retail
Zoning
C
Lease Type
Modified Gross
Space & Availability
Space Use
Restaurant
Available From
2026-05
Additional Details
Equipment Included
No
Spaces For Lease
at 1513-1515 E Market St Contact usAvailable Space $14/Mo
Contact us
Listing Agency:
Colliers
(502) 387-1957
Listed By:
Brigitte Owens
(502) 387-1957
Source:
Kcrea.resimplifi
Added: Jan 12
Changed: Aug 30
Last Checked: Aug 30 at 4:37AM
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 Colliers
Investment Insights
Based on property information with market context.
This 4,816-square-foot commercial offering includes two distinct spaces at 1515 and 1513 East Market Street. The restaurant area is a second-generation bakery and food-service space with professional equipment available for separate purchase, ample natural light, historic character, and a layout designed for food preparation and service. It is available in May 2026.
The adjacent loft space, available in June 2026, has been remodeled with high ceilings, hardwood floors, original architectural elements, and substantial natural light. Its configuration includes an open floor plan, kitchenette, dedicated office, and bathroom with a shower. The space was most recently used as a photography rental studio and also accommodates creative office or boutique retail applications. The property is zoned C and located in New Albany’s Uptown District at 1513–1515 E Market St.
The adjacent loft space, available in June 2026, has been remodeled with high ceilings, hardwood floors, original architectural elements, and substantial natural light. Its configuration includes an open floor plan, kitchenette, dedicated office, and bathroom with a shower. The space was most recently used as a photography rental studio and also accommodates creative office or boutique retail applications. The property is zoned C and located in New Albany’s Uptown District at 1513–1515 E Market St.
Key Highlights
- 4,816 SF offering with two distinct commercial spaces
- Second‑generation bakery and restaurant space available May 2026
- Professional restaurant equipment available for separate purchase
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The offering combines a second-generation food-service space with a remodeled, multi-use loft.
Where is this conventional restaurant located?
The property is located at 1513-1515 E Market St New Albany, IN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 4,816 SF offering with two distinct commercial spaces; Second‑generation bakery and restaurant space available May 2026; Professional restaurant equipment available for separate purchase
