1702 GRAYBROOK Ln, New Albany, IN | Lat/Lng: 38.3018, -85.8223
$330,000
1.98 ac.
06/30/2026
ACTIVE
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.