Property summary
This exceptional 5,955-square-foot restaurant space, housed in the Parthenon Building, presents a unique investment opportunity. Built in 1837 and meticulously renovated in 2023, this landmark building is the oldest commercial structure in New Albany, Indiana. Originally one of Indiana State Bank's ten founding branches, it boasts stunning architectural details, including a unique domed ceiling with a skylight and the original bank vault, all preserved during the recent renovation. Modern… amenities include three new HVAC units and an elevator, ensuring optimal functionality and comfort. Its prime location on 203 E Main St, New Albany, IN 47150, places it approximately 0.5 miles from the Ohio River and the City of New Albany Riverfront Amphitheater, which attracts approximately 824,300 visitors annually. The building's rich history and modern upgrades create an unparalleled setting for a thriving restaurant business. This property offers a blend of historical charm and contemporary convenience, making it an exceptional investment in a vibrant and growing community. The building is situated in Floyd County, Indiana, offering easy access to Louisville, Kentucky, across the Ohio River.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,097 SF
- Lot area
- 0.12 ac
- Year built
- 1837
- Stories
- 3
- APN
- 22-05-00-200-289.000-008
- Assessed value · 2023
- $213,200
- Annual tax · 2023
- $6,179
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
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- Alternative use
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