514 Vincennes St New Albany, IN 47150

1,350 SF 0.16 ac lot Built 1950

Entity Owned 5-yr Hold Free & Clear

Property ID

US31-1735643

$350,000 1,350 SF

514 Vincennes St, New Albany, IN 47150
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This exceptional opportunity presents the chance to acquire the renowned Honey Creme Donut Shop, a cherished New Albany institution since the mid-1940s. The sale includes the business, equipment, and the iconic name, ensuring a seamless transition. Situated on a nearly one-acre lot (6,624 sq ft) at 514 Vincennes St, New Albany, IN 47150, the property boasts a convenient drive-up window and ample parking. The 1,350 square foot, single-story building (built in 1950) is equipped with all necessary commercial kitchen equipment, including mixers, fryers, and display cases, making it a truly turnkey operation. This Class C property presents a unique investment opportunity for an owner/user. The existing customer base provides immediate revenue potential, while the versatile space allows for continued operation as a donut shop or adaptation to another retail business. The property's rich history and strong community ties offer a rare chance to own a piece of New Albany's heritage. The asking price is $750,000. The APN is 22-05-02-801-253.000-008.