Conventional Restaurant

Princeton, IN Conventional Restaurants for Sale

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Restaurant Building with Event Area
Updated: Oct 24, 2023
Restaurant Building with Event Area

217 N Main Street, Princeton, IN 47670

$300,000
0.67 AC lot
Operating restaurant business included with the property
0.67‑acre site across three lots
Main level contains over 3,000 square feet
Covered outdoor area for additional seating
Fenced outdoor area for live bands and events
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Princeton Commercial Building with Business
Updated: Oct 15, 2023
Princeton Commercial Building with Business

217 N Main Street, Princeton, IN 47670

$300,000
3,000 sqft
Includes a going business.
Located just off the resurging downtown area of Princeton.
Abundance of parking on three lots.
Large fenced area suitable for live bands and events.
Over 3,000 square feet on the main level.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Turn-Key Restaurant Opportunity
Turn-Key Restaurant Opportunity

7247 Main St, Wadesville, IN 47638

$649,900
3,606 sqft

Established restaurant with loyal clientele in Posey County.

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Turn-Key Restaurant with Parking
Turn-Key Restaurant with Parking

7247 Main Street, Wadesville, IN 47638

$649,900
0.74 AC lot

Turn-key restaurant offering a fully operational kitchen, spacious dining, and ample on-site parking in a high-traffic roadside setting.

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Historic Bar with Event Space
Historic Bar with Event Space

101 N 2nd Street, Vincennes, IN 47591

$555,000
0.15 AC lot

Multifunctional hospitality property with dining, patio, kitchen, and room for gatherings exceeding 100 guests.

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Multi-Level Restaurant Building
Multi-Level Restaurant Building

116 Main St, Vincennes, IN 47591

Contact for pricing

Updated multi-level restaurant building with exposed brick, multiple seating areas, and an added office or flex space.

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Princeton, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Princeton, IN on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $600,000.

Sale prices for conventional restaurants in Princeton, IN average $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

Conventional restaurants 3
Bars & Pubs 2

Demographics Overview

Population 12K
Population Growth (5Y) -3.6%
Median Household Income $65,873
College Educated 16.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47670 $300K

Taxes & Financing

Tax Rate (average for all types) 2.44%
Property Tax per SF $46.22 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

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

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