1720 Old River Road New Albany, IN $ 1,850,000
1720 Old River Road
$ 1,850,000
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1720 Old River Road

New Albany, IN, 47150
$ 1,850,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,681

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Commercial Property for sale in New Albany, IN

for $1,850,000. This building was built in 1927 on a lot size of 3.

Rare riverfront opportunity on 3 acres along the Ohio River in New Albany, IN. Currently operating as River's Edge Dive Bar, this two-level commercial building offers multiple bar areas, a newly updated interior, and an expansive outdoor entertainment area featuring a stage, outdoor bar, string lighting, fire pit, and covered lounge with pool table. The property's generous acreage provides ample room for future expansion, additional structures, or parking. Positioned along New Albany's growing riverfront, the site offers direct access to the Ohio River and sits in an area of continued regional investment, making it a strong opportunity for a restaurant, entertainment venue, or other riverfront concept, whether operated as-is or redeveloped. Sale includes the building and its contents, offering a turnkey opportunity for a buyer to close and reopen immediately. Ideal for an owner-operator or investor looking to capitalize on the area's continued growth.

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Commercial Active

Price

$ 1,850,000

Property Type

Commercial

Taxes

$ 379

Style

Lot Size

3

Year Built

1927

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2026011552

Features
General
Year Built 1927
Township New Albany
Property Subtype Business
County Floyd
Property Type Commercial Sale
Status Active
Directions Turn left off of W Main St at the light to continue on to SR-111. Turn left on to Old River Rd. Property is at the end of the road on the right.
City New Albany
Lot Size Units Acres
Lot Size Square Feet 130680
Tax Annual Amount 379
Property Condition Resale
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Business Retail
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Exterior
Lot Size Area 3
Building Area Total 9453
Lot Size Acres 3
Lot Size Source Owner
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* Excluded Features
List By
Hayden Vanover

Listing Agent

Bhg Realty

Broker

hvanoverrealtor@gmail.com

Email

Affordability Calculator

$11,713
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,681
Monthly Property Taxes
$32
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
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,850,000 Listed Price

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1720 Old River Road, New Albany, IN, 47150 is a Commercial Property for sale at $1,850,000 with a lot size of 3. 1720 Old River Road was built in 1927. The property's zip code is 47150 which is in New Albany, IN