New Albany, IN 47150 1125 State Street
$499,000
Presented By: William Kramer with JPAR Aspire
SQFT • 2,232
Home Details
Turn Key Restaurant with road frontage available on State Street in New Albany. Just minutes from I64 in a prime area for redevelopment. Iconic restaurant is moving to new location, the business is not for sale. All the equipment and furniture is to stay with the property that is not rented or specific equipment to the sellers trade. This sale has a NNN built in lease back option that is negotiable. The seller will proceed to occupy and work out of the property until December 31, 2024 on a month to month basis. Call listing agent with any questions.
Presented By: William Kramer with JPAR Aspire
Interior Features for 1125 State Street
Other Interior Features
Street SuffixStreet
General for 1125 State Street
Additional Parcels Description0088340002
Business TypeRestaurant
Buyer Agent Compensation2.0
CityNew Albany
CountyFloyd
Current UseRestaurant
Days on Market221
DirectionsNorth on State Street from down town New Albany. Building will be on the left. South on State Street from the hospital. Building will be on the right.
Lot Size Square Feet21780.0
New ConstructionNo
Property ConditionResale
Property Sub Type AdditionalBusiness
Property SubTypeBusiness
Property TypeCommercialSale
Standard StatusActive
StatusActive
Street NameState
Tax Annual Amount4745.0
Total Units0
TownshipNew Albany
Exterior for 1125 State Street
Building Area Total2232.0
Lot Size Acres0.5
Lot Size Area0.5
Lot Size SourceOwner
Lot Size UnitsAcres
Additional Details
Price History
Will Kramer
Broker