Key facts
- Living area
- 12,000 sqft
- Lot
- 0.17 acres
- Year built
- 1921
- Type
- Commercial Sale · Business
- MLS #
- 22125827
- County
- Floyd
- Total building area
- 12,000 sqft
About this home
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.
Description provided by the listing brokerage.
Interior
- Security
Exterior
- Parking and garage
Systems
- Utilities
Lot and HOA
- Zoning
- Commercial
Schools
- School district
- New Albany-Floyd Co Con Sch
Taxes
- Estimated annual tax
- $6,570 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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