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Historic Restaurant and Event Patio

319 Pearl Street New Albany, IN 47150

319 Pearl Street, New Albany, IN, 47150
$1,575,000
For Sale
Claim this Listing
$1,575,000

COMMERCIAL - New Albany, IN

Property Size11,442 SF
Lot Size0.11 Acres
Price / SF$137.65
AddedMay 29
Days on Market48
Last RefreshJul 15 at 4:06 am

Property Features for 319 Pearl Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
220500200217000008
Size
11,442 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
4051
Tax Description
P.93 S 40' L.18 319 PEARL TIF (bldg only) P 93 N 20' L.18 #02 TIF ( Per Deed ) (lot only)
Tax Annual Amount
6953

Listing agent Mike Kopp License #RB14037481

Listing office RE/MAX FIRST-Commercial Group 2123 Veterans Pkwy, Suite C, Jeffersonville, IN

Listing date May 29, 2026

MLS# 202608719

Copyright © 2026 Southern Indiana REALTORS Association. 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.

This historic restaurant building offers a distinctive street presence with dining and bar space, plus dedicated areas on the first and lower levels. The operating winery and equipment are available for sale separately, while the property listing is for the real estate sale only. The building includes interior space used for making and storing barrels of wine.

The offering includes two parcels, with the second parcel comprising the outdoor patio area that adjoins the City Pak, where events and functions are held, including summer concerts. The building also features private living space with a street-level private entry at the front and back of the building.

Because the business availability is tied to a separate transaction and is controlled by the building owners, any discussion regarding the winery/restaurant should be directed to the listing broker.

Key Highlights

  • Iconic building in a historic downtown district offering a prestigious presence.
  • Includes an outdoor patio area adjoining a city park that hosts events and concerts.
  • Operating winery/restaurant occupies the first and lower levels.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

HVAC Service Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pharmacy Catering Service (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Frishes — New Albany, IN 47150

FAQs

What type of property is this?
Conventional restaurant - Historic multi-level restaurant building includes an outdoor patio on a separate parcel.
Where is this conventional restaurant located?
The property is located at 319 Pearl Street New Albany, IN.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Iconic building in a historic downtown district offering a prestigious presence.; Includes an outdoor patio area adjoining a city park that hosts events and concerts.; Operating winery/restaurant occupies the first and lower levels.
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