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$1,850,000
Est. payment /mo
3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026011552
Construction Status Resale
Year Built 1927
Annual Tax Amount $379
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Business
Property Description
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.
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.
Location
State IN
County Floyd
Direction 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.
Interior
Fireplace No
Exterior
Present Use Restaurant,Retail
Building
Construction Status Resale
Others
Tax ID 0088540011
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Listed by BHG Realty
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