141 E Market Street New Albany, IN 47150

Looking to own your piece of Downtown New Albany? Here is your chance. After a very successful run in Downtown New Albany, the Owner of the former Toast on Market has decided to retire. This opens up an opportunity for either an investor who then brings on a tenant or a restaurant owner operator ...looking to open a Downtown New Albany location. There is approximately 3000sf on the upper 2 floors that serves as a very nice apartment that could likely carry rent of $2500/m plus renter pays utilities. The 1st floor and lower level serve as the restaurant space and could help with catering, storage and there is a sink and small area used as office. The restaurant is in the $1,000 3-way liquor license district (beer, wine and liquor). The casino $50,000 loan at 3% can be applied for to help with equipment, capital improvements and purchase of real estate. Downtown is still a great draw as the growth continues to get more loyal supporters. Continue reading