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    Evansville, IN
    Bar & Pub

    Evansville, IN Bars & Pubs for Sale

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    Versatile Event Venue For Sale
    Updated: Aug 27, 2025
    Versatile Event Venue For Sale

    8335 Eagle Lake Drive, Evansville, IN

    $1,300,000
    7,233 sqft 1.31 AC lot
    High visibility location from I‑69.
    Fully equipped commercial kitchen with walk‑in cooler/freezer, multiple ovens, and extensive equipment.
    Large event space with a seating capacity of 180 and total building capacity of 250.
    Ample parking with approximately 80 spaces.
    Enjoy the lake view from both enclosed and outdoor patios.
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    This listing looks promising.

    Here's a quick look at some key insights for

    8335 Eagle Lake Drive, Evansville, IN

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $98K
      Annual

    • Price @ 7% Cap

      $1.4M
      Above asking

    • Property Type

      Restaurant
      Built 2005
    View Property Analytics
    Restored Bar and Restaurant Building
    Updated: Jun 22
    Restored Bar and Restaurant Building

    22 NW Sixth Street, Evansville, IN 47708

    $950,000
    0.07 AC lot
    2017 complete structural & MEP upgrades include 3‑phase electric
    Full code kitchen with grease trap and 11' hood
    Second‑floor bar and cocktail lounge with separate street‑front entrance and egress
    Rooftop deck with sunset views
    Year built 1905; rubber roof, concrete and vinyl flooring, and central air
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    Evansville Bar and Restaurant Opportunity
    Evansville Bar and Restaurant Opportunity

    907 N Fares Ave, Evansville, IN

    $225,000
    2,499 sqft 0.19 AC lot

    Bar and restaurant property for sale with liquor license.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Restaurant Bar Gaming Venue
    Updated Restaurant Bar Gaming Venue

    405 Park, Cisne, IL 62823

    $188,000
    0.10 AC lot

    Turnkey restaurant, bar, and gaming venue with updated plumbing, electrical, and kitchen improvements plus outdoor buildings.

    View details
    Restaurant with Outdoor Event Area
    Restaurant with Outdoor Event Area

    217 N Main Street, Princeton, IN 47670

    $300,000
    0.67 AC lot

    Offer includes a building with bar and dining/arcade space, plus covered outdoor seating and a fenced event area.

    View details
    Princeton Commercial Building with Business
    Princeton Commercial Building with Business

    217 N Main Street, Princeton, IN 47670

    $300,000
    3,000 sqft

    Commercial building with going business and ample parking.

    View details
    Turnkey Restaurant and Gaming Venue
    Turnkey Restaurant and Gaming Venue

    1051 E North Avenue & 405 Park, Flora, Cisne, IL 62839

    $625,000

    Turnkey restaurant, bar, and gaming property with recent updates, store and bar buildouts, and drive-through operation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Corner Development Site
    Commercial Corner Development Site

    700 W JEFFERSON Street, Springfield, IL 62702

    $175,000
    0.59 AC lot

    Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

    View details
    Restaurant and Bar Property
    Restaurant and Bar Property

    951 Durkin Drive, Springfield, IL 62704

    $475,000

    Restaurant property with formal dining, bar and lounge seating, plus an adjacent lot and parking.

    View details
    Waterfront Commercial Lakeview Lot
    Waterfront Commercial Lakeview Lot

    5785 S Highway 27, Somerset, KY 42503

    $939,000
    1.92 AC lot

    Commercial land with sweeping 180-degree Lake Cumberland views, suited for hospitality concepts and lake-oriented development.

    View details
    Waterfront Development Land with Lake Views
    Waterfront Development Land with Lake Views

    5901 S Highway 27, Somerset, KY 42501

    $939,000
    1.81 AC lot

    Lakefront lot with expansive Lake Cumberland views, offering flexibility for hospitality and dining-oriented development.

    View details

    Evansville, IN Bars & Pubs Market Trends and Statistics

    Explore 3 bars & pubs for sale in Evansville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,732 square feet of properties for sale, with an estimated market value of $1,525,000.

    Sale prices for pubs in Evansville, IN start at $225,000, averaging $762,500, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 4
    Commercial kitchens 2
    Conventional restaurants 2
    Drive through restaurants 2
    Turn key restaurants 2

    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47708 $950K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vanderburgh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Vanderburgh County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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