1702 Graybrook Lane, New Albany, IN 47150

$330,000

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List Price
$330,000
Status
ACTIVE
MLS#
202609679
Acres
1.98
Year Built
1930

Property 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.

Additional Information

Foundation
Block
Cooling
None
Heating
None
Sewer
Septic Tank
Water
Connected, Public

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Calculator source: Real Geeks

Listing courtesy of Real Estate Go To.