1702 Graybrook Lane

New Albany, IN 47150

About this property

Premier downtown redevelopment parcelnearly 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 fireserves 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.

About this property

Premier downtown redevelopment parcelnearly 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 fireserves 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.

Features and Additional Information

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$330,000 Active
0 Bed(s)
0
Baths
0 sqft

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Area Information

Downtown | Floyd County |

$ 330,000
This listing is play_arrow 33.4% higher than the average in the area
$ 247,400 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
71 days on site
This listing is play_arrow 45.6% below the average in the area
131 days on site in the area

Schools in the Area

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Listed By Sharon Handy
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