1720 Old River RD, New Albany, IN 47150
1720 Old River RD, New Albany, IN 47150
1720 Old River RD, New Albany, IN 47150
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Shawne Mardis

Shawne Mardis

+1(502) 649-6720
$1,850,000
Est. payment /mo
3 Acres Lot
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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.

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

Nearby Locations

Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana 47130, USA

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