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1702 Graybrook Lane New Albany, IN $ 330,000
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1702 Graybrook Lane
$ 330,000
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1702 Graybrook Lane

New Albany, IN, 47150
$ 330,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,084

1702 Graybrook Lane, New Albany, IN 47150 - Image 1

Commercial Property for sale in New Albany, IN

for $330,000. This building was built in 1930 on a lot size of 1.982.

Premier downtown redevelopment parcel—nearly 2 acres in heart of New Albany adjacent to golf course. MUR – zoned multi-use residential. Historic 1930 restaurant building and ancillary structures recently severely damaged by fire—serves to significantly reduce demolition costs for Site positioned for residential redevelopment. Strong location with established infrastructure. Single-family or alternative uses per zoning. Offered at substantial discount for immediate acquisition. Perfect for investor-developer seeking value-add downtown project. Property recently burned; structure compromised with significant fire damage. Demolition not yet started. MANDATORY APPOINTMENTS ONLY — no lockbox. Showing agents MUST accompany clients and warn of hazards: unstable structure, debris, exposed materials. Clients proceed at own risk. Recommend hard hats. Liability waiver advised. Contact listing agent for scheduling.

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Commercial Active

Price

$ 330,000

Property Type

Commercial

Taxes

$ 4,657

Style

Lot Size

1.982

Year Built

1930

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

202609641
Features
General
Development Status Other
Year Built 1930
Township New Albany
Property Subtype Other
County Floyd
Property Type Commercial Sale
Status Active
City New Albany
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 86335.92
Tax Annual Amount 4657
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Other Unimproved Land Special Purpose
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Exterior
Lot Size Area 1.982
Building Area Total 15288
Lot Size Acres 1.982
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* Excluded Features
List By
Sharon Handy

Listing Agent

Real Estate Go To

Broker

sharon@realestategoto.com

Email

Affordability Calculator

$2,472
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,084
Monthly Property Taxes
$388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
6/27/2026$330,000 Listed Price

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1702 Graybrook Lane, New Albany, IN, 47150 is a Commercial Property for sale at $330,000 with a lot size of 1.982. 1702 Graybrook Lane was built in 1930. The property's zip code is 47150 which is in New Albany, IN

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