The owner of Kahn's Fine Wines & Spirits is trying to sell two buildings where it operates, one
downtown and another along 86th Street at Township Line Road. Jim Arnold is offering the 1920 building at 25 N. Pennsylvania
St. for sale with an asking price of $995,000, reduced from an earlier price of $1.5 million. Kahn's occupies the lower
level and first floor of the 12,000-square-foot building. A listing says the upper three floors have been gutted and ready
to build out as apartments, condos or offices. A second property, a former O'Malia Food Market where Kahn's operates
an 18,000-square-foot store, also is up for sale. Arnold is offering the shopping plaza on 4.3 acres with 28,000 additional
rentable square feet and an out lot for an asking price of $2.75 million. The listings suggest Kahn's will remain as a
tenant. Arnold, reached by phone Monday, declined to discuss his rationale for putting the buildings up for sale. Kahn's
original store is at 5341 N. Keystone Ave.
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Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
Owner of Kahn's Fine Wines puts real estate up for sale
September 24, 2012
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
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B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
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Should read MAY hire 20 people.
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Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
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