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    1008 Main Street Rd Vincennes, IN 47591

    For Sale
    $350,000

    Restaurant/Bar - Vincennes, IN

    Lot size:
    0.19 Acres
    Days on Market:
    285
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1008 Main Street Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    42-12-21-405-014.000-022
    Interior features
    Other, Public Restrooms, Refrigeration/Freezer
    Exterior features
    Public Restrooms, Refrigeration/Freezer
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1890
    Floors in Building
    1
    Flooring type
    Concrete, Wood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    F.C. Tucker Emge REALTORS (812) 402-0200 [email protected]

    Listing agent Vanessa Purdom (812) 882-4444 License #RB14051198

    Listing date Feb 24, 2025

    MLS# 202405754 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vincennes Restaurant/Bar Opportunity

    Willie's Pub, located at 1008 Main Street in Vincennes, Indiana, presents an opportunity to own a piece of the city's downtown culture. Recent upgrades include renovated seating areas, custom wood treatment on walls, hood improvement, brick tuckpointing, and an upgraded surround sound system suitable for live performances, DJ nights, or background music. The property has been used for successful rentals including bridal showers, family gatherings, corporate events, costume parties, and birthday parties. As an established landmark in Vincennes, the business has a social media following of 2.8K. The property includes a walk-in freezer, 3 AC units, 2 exhaust fans, and 4 bathrooms. The sale includes the business, an adjacent lot, all signage, the business name, liquor license, storage shed, and most of the personal property. Vendor-owned dart boards, a pool table, an ATM, and a jukebox are not included in the sale. The lot size is 0.19 acres and the property has VEI security.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pubs

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.525929
    Latitude
    38.673629

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    FAQs

    What type of property is this?
    Pub - Established restaurant/bar with recent upgrades and social media following.
    Where is this pub located?
    The property is located at 1008 Main Street Rd Vincennes, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Established business with a strong social media following (2.8K) and landmark status in Vincennes.; - Includes business, business name, liquor license, signage, and most personal property.; - Recent upgrades include renovated seating areas, custom wood treatment, hood improvement, brick tuckpointing, and **upgraded surround sound system.**
    (812) 882-4444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1008 Main Street Rd Vincennes, IN 47591
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