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    124 Main Street Rd Vincennes, IN 47591

    Pending
    For Sale
    $339,900

    Restaurant/Bar, Bar,Salon - Vincennes, IN

    Lot size:
    0.11 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for 124 Main Street Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
    Bathrooms
    5
    APN
    42-12-21-201-033.000-022
    Interior features
    Block, Drywall, 440 Volts, Alley, Basement, Display Window(s), Office Space, Public Restrooms, Refrigeration/Freezer
    Exterior features
    440 Volts, Alley, Basement, Display Window(s), Office Space, Public Restrooms, Cable, Refrigeration/Freezer
    Lot size
    0.11 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1890
    Floors in Building
    4
    Flooring type
    Laminate, Wood
    Building materials
    Brick
    Roof type
    Metal, Rubber
    Architectural style
    Other

    Klein Realty and Auction, Inc. (812) 882-2202 [email protected]

    Listing agent Tyler Simmons (812) 882-2202 License #RB14039924

    Listing date Nov 11, 2025

    MLS# 202502915 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

    Downtown Vincennes Destination Opportunity

    This property offers a prime location in downtown Vincennes, situated on Indiana's first main street. The building previously housed the Vincennes Brewing Company, the only licensed Indiana small brewery within a 50-mile radius. Included in the sale are bar equipment, a walk-in cooler in the basement, a tap system, refrigerators, a water filtration system, and fixtures. A hair salon currently operates on a month-to-month lease, providing added rental income. The property features a third-floor office space, a separate party room on the second floor, and five bathrooms. Expansion possibilities exist on the third and fourth floors above the salon, which offer open spaces with exposed brick walls and windows overlooking Patrick Henry Square and the George Rogers Clark Memorial. The property spans 0.11 acres in Knox County. Leased items such as a Touchtunes jukebox, dartboards, Golden Tee Golf, and pinball and arcade machines are not included in the sale but can be transferred.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    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
    -87.532334
    Latitude
    38.680128

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    FAQs

    What type of property is this?
    Bar - Prime location with bar equipment, rental income, and expansion potential.
    Where is this bar located?
    The property is located at 124 Main Street Rd Vincennes, IN.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: - Prime downtown location on Indiana's first main street, offering high visibility and foot traffic.; - Includes bar equipment, walk-in cooler, tap system, refrigerators, water filtration system, and fixtures for immediate operational capability.; - Former site of the Vincennes Brewing Company, offering a unique historical connection and potential branding opportunity.
    (812) 882-2202
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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
    124 Main Street Rd Vincennes, IN 47591
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