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141 E Market Street

New Albany, IN 47150
  • $650,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 202407848
UPDATED: 167 min ago
$650,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Looking to own your piece of Downtown New Albany? Here is your chance. After a very successful run in Downtown New Albany, the Owner of the former Toast on Market has decided to retire. This opens up an opportunity for either an investor who then brings ona tenant or a restaurant owner operator looking to open a Downtown New Albany location. There is approximately 3000sf on the upper2 floors that serves as a very nice apartment that could likely carry rent of $2500/m plus renter pays utilities. The 1st floor and lower level serve as the restaurant space and could help with catering, storage and there is a sink and small area used as office. The restaurant is in the $1,000 3-way liquor license district (beer, wine and liquor). The casino $50,000 loan at 3% can be applied for tohelp with equipment, capital improvements and purchase of real estate. Downtown is still a great draw as the growth continues to get more loyal supporters.

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© 2024 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2024-06-17T23:04:31.983.
www.wsghomesandproperties.com/homes/150578332
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141 E Market Street New Albany, IN 47150

  • Price: $650,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 167 min ago
  • ID#: 202407848
0
Beds
0
Baths
0
½ Baths
0.05
Acres
Neighborhood:
New Albany
County:
Floyd
Area:
New Albany
Property Description
Looking to own your piece of Downtown New Albany? Here is your chance. After a very successful run in Downtown New Albany, the Owner of the former Toast on Market has decided to retire. This opens up an opportunity for either an investor who then brings ona tenant or a restaurant owner operator looking to open a Downtown New Albany location. There is approximately 3000sf on the upper2 floors that serves as a very nice apartment that could likely carry rent of $2500/m plus renter pays utilities. The 1st floor and lower level serve as the restaurant space and could help with catering, storage and there is a sink and small area used as office. The restaurant is in the $1,000 3-way liquor license district (beer, wine and liquor). The casino $50,000 loan at 3% can be applied for tohelp with equipment, capital improvements and purchase of real estate. Downtown is still a great draw as the growth continues to get more loyal supporters.
Interior Features

Building Area Total 6900

Property Features

Business Type Restaurant Current Use RestaurantRetail Occupant Type Vacant Property Condition Resale Property Sub Type Business Property Sub Type Additional BusinessRetail Tax Annual Amount 381 Township New Albany

Listing courtesy of Mike Kopp at RE/MAX FIRST-Commercial Group: 812-283-4778.


© 2024 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2024-06-17T23:04:31.983.
 
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