Description

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.

Source: SIRA as distributed by MLS GRID, MLS ID: 202609679

Listing provided courtesy of Sharon Handy 502-895-8300 with Real Estate Go To

Last Updated: 7/1/2026 | 7:44 PM

Home Details

Status: Active

Price: $330,000

Address: 1702 Graybrook Lane, New Albany, IN 47150

Bedrooms: 0

Bathrooms: 0

Square Feet: 0

7 days on Site

• Property Type: Residential
• Built in 1930
• 7 days on Site
• 1.982 Lot Size
• Cooling: None
• Heating: None