Building Details

Year built 1861

Listing Agency: Indiana Realty Group Show Phone

Listed By: Patricia Seibert Show Phone

Added: Jul 6 Changed: Sep 4 Last Checked: Sep 11 at 7:06AM

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MLS# 11871104

Copyright © 2026 My State MLS. 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.

The F.H. Clemens Building is a two-level commercial property constructed in 1861, offering 3,564 square feet within a historic brick and sandstone structure. A full renovation and restoration completed in 2012 added a new storefront, updated main-level windows, radiant-heated floors, and extensive structural improvements. The upper level features hardwood flooring made from reclaimed gym bleachers from Evansville schools.

Positioned on a prominent corner along Highway 66, the building occupies a 0.155-acre site at 101 N 7th Street in Cannelton, Indiana. Its main level previously operated as a general store and later supported coffee shop uses, including Rhythm Coffee and Magnolia Coffee. The property combines preserved historic construction with updated building elements and an established commercial presence in the community.

Key Highlights

• 3,564‑square‑foot commercial building on a 0.155‑acre site
• Constructed in 1861 with sandstone and brick exterior construction
• 2012 renovation included a new storefront, updated windows, radiant‑heated floors, and structural work

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store Plumbing Service Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

119

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 47520, IN

3,230

Population

1,407

Households

2.3

Avg Household Size

41

Median Age

12%

College-Educated

91%

High-School Grad

81.2 sq mi

ZIP Area

40

Density / Sq Mi

$52,969

Median Household Income

$43,333

Median Earnings

$729

Median Rent

$140,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Renovated two-level commercial building with brick and sandstone construction, modern storefront elements, and radiant-heated floors.

Where is this storefront property located?

The property is located at 101 N 7th Street Cannelton, IN.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: 3,564‑square‑foot commercial building on a 0.155‑acre site; Constructed in 1861 with sandstone and brick exterior construction; 2012 renovation included a new storefront, updated windows, radiant‑heated floors, and structural work