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138 E Market Street, New Albany

138 E Market Street, New Albany, IN 47150

$1,300,000

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1921

Year Built

Additional Information

Property SubtypeMixed Use
MLS #MBR22134965
Lot Size0.17 Acres

Home Features

ParkingCommon, Other

Providence Property Group, PC

Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

Description

Own a downtown landmark and the opportunity that comes with it! The Grand at 138 E Market Street combines timeless character, an established event business, and an exceptional setting in historic downtown New Albany. This fully operational, income-producing venue hosts weddings, receptions, proms, corporate gatherings, and private celebrations, with a versatile layout and distinctive architectural details that create a memorable backdrop for every occasion. Convenient access to Louisville and major highways attracts local and regional clientele. The turnkey sale includes more than $200,000 in inventory and equipment, including tables, chairs, linens, kitchen equipment, coolers, prep equipment, a press, and more providing the essentials to continue operations and bring your vision to life. The City of New Albany has discussed potential restoration and updates to the iconic marquee and exterior sign; however, timing and completion have not been confirmed. Ongoing downtown revitalization and potential business incentives add to the opportunity for a new owner to build on The Grand's established presence. Explore the possibilities and make The Grand's next chapter your own!

Location

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138 E Market Street, New Albany, IN 47150

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

Photo Gallery

Listing provided courtesy of Tamara Barger at Kovener & Associates Real Esta

Contact: tamarab1645@gmail.com

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

Based on information submitted to the MLS GRID as of November 5, 2026 at 10:37 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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