Historic Bar & Restaurant
For Sale
$555,000
101 N 2nd Street, Vincennes, IN 47591
COMMERCIAL - Vincennes, IN
Lot Size0.15 Acres
Days on Market450
Property Features for 101 N 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Subdivision
South Vincennes
Directions
Use GPS to locate
Standard status
Active
APN
42-12-21-201-051.000-022
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
OLD TOWN, PT. LOT 85
Tax Annual Amount
2373
Legal Description
OLD TOWN, PT. LOT 85
Utilities
Cooling system
Central Air
Building Details
Year built
1880
Flooring type
Tile, Carpet
Roof type
Rubber
Listing Agency:
F.C. TUCKER EMGE
(812) 882-4444
Listed By:
Vanessa Purdom · License #RB14051198
(580) 799-5537
Added: May 7, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:06PM
MLS# 202516369
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This multifunctional building offers a combination of bar, dining, and event space, designed for high-capacity hospitality. The property includes a bar room and dining room/event space, along with outdoor patio commercial kitchen space. Capacity is stated as over 100, and the historic mirrored bar features tiger oak and a marble top. In addition to the main floor setup, there is potential for an upstairs apartment. Historic artifacts may be negotiated as part of the sale, providing flexibility around what is included in the transfer.
The building is located in downtown Vincennes, Indiana, on a 0.15-acre lot, at 101 N 2nd Street. The property is described as only a short distance from the Wabash River.
For a buyer looking to operate or reposition a hospitality concept, the layout supports multiple uses, including a full service bar, dining, and event hosting, with outdoor patio cooking space for service and programming. The included features and stated capacity can support restaurants, bar-and-grill formats, and uses that benefit from both indoor seating and an outdoor patio area. The potential upstairs apartment may also appeal to an owner-operator looking to create additional residential space within the same building.
The building is located in downtown Vincennes, Indiana, on a 0.15-acre lot, at 101 N 2nd Street. The property is described as only a short distance from the Wabash River.
For a buyer looking to operate or reposition a hospitality concept, the layout supports multiple uses, including a full service bar, dining, and event hosting, with outdoor patio cooking space for service and programming. The included features and stated capacity can support restaurants, bar-and-grill formats, and uses that benefit from both indoor seating and an outdoor patio area. The potential upstairs apartment may also appeal to an owner-operator looking to create additional residential space within the same building.
Key Highlights
- Historic bar building with Year Built 1880
- Capacity over 100 with bar room and dining room/event space
- Outdoor patio and commercial kitchen space
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 47591, IN
24,984
Population
11,874
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
166.5 sq mi
ZIP Area
150
Density / Sq Mi
$57,862
Median Household Income
$37,295
Median Earnings
$794
Median Rent
$140,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Multifunctional historic bar and dining space with outdoor patio commercial kitchen and capacity for 100+.
Where is this bar & pub located?
The property is located at 101 N 2nd Street Vincennes, IN.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Historic bar building with Year Built 1880; Capacity over 100 with bar room and dining room/event space; Outdoor patio and commercial kitchen space