1 / 80

138 Market Street, New Albany

138 Market Street, New Albany, IN 47150

Purpose unavailable

$1,300,000

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1921

Year Built

Additional Information

Property SubtypeBusiness
MLS #MBR22125827
Lot Size0.17 Acres

Home Features

ParkingCommon

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

Welcome to The Grand, a beautifully maintained, fully operational event venue in historic downtown New Albany. Located at 138 E Market Street, this established, income-producing property hosts weddings, receptions, proms, corporate functions, and private events. Its versatile layout, timeless architectural details, and convenient location near Louisville and major highways attract local and regional clientele. The turnkey sale includes more than $200,000 in inventory and equipment, including tables, chairs, linens, a stocked kitchen, coolers, prep equipment, a press, and more. The City of New Albany plans to restore and update the iconic marquee and exterior sign, enhancing curb appeal. Downtown revitalization and available business incentives offer additional upside.

Location

Loading property map near viewport

138 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 October 23, 2026 at 6:47 AM EDT. 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.

© 2026 MLS GRID. REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics.