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The Wheelhouse Restaurant with Kitchen
For Sale
$649,900

16 Main Street, Poseyville, IN 47633

COMMERCIAL, Poseyville, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market224

Property Features for 16 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Off Street
Directions Go to Main Street in Poseyville Indiana and look for signs.
Subdivision Posey County
Standard status Active
APN 65-23-18-444-018.000-012
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ORIGINAL W PT LOT 19 & PT LOT 20, ORIGINAL E PT LOT 20
Tax Annual Amount 3419
Legal Description ORIGINAL W PT LOT 19 & PT LOT 20, ORIGINAL E PT LOT 20

Utilities

Cooling system Central Air

Building Details

Year built 1900
Flooring type Wood, Mixed
Roof type Rubber
Listing Agency: Hahn Kiefer Real Estate Services
Listed By: Aaron Wilson · License #RB14034509
Added: Feb 3 Changed: Sep 14 Last Checked: Sep 15 at 4:06AM
MLS# 202603392

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.

The Wheelhouse is a restaurant property with a dedicated dining area, commercial kitchen, seating, and on-site parking. The building includes a basement and combines mixed and wood flooring with central air conditioning. Off-street parking supports customer access and day-to-day operations.

Built in 1900, the property occupies 0.14 acres at 16 Main Street in Poseyville, Indiana. A rubber roof and existing restaurant improvements are part of the offering, providing an established physical setup for continued food-service use or a new restaurant concept.

Key Highlights

  • Restaurant property with dining area and fully equipped commercial kitchen
  • 0.14‑acre property at 16 Main Street, Poseyville, IN 47633
  • Off‑street parking available on site

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47633, IN

2,455
Population
1,020
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
85%
High-School Grad
61.2 sq mi
ZIP Area
40
Density / Sq Mi
$71,136
Median Household Income
$38,924
Median Earnings
$720
Median Rent
$135,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with dining space, commercial kitchen improvements, and off-street parking.
Where is this conventional restaurant located?
The property is located at 16 Main Street Poseyville, IN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Restaurant property with dining area and fully equipped commercial kitchen; 0.14‑acre property at 16 Main Street, Poseyville, IN 47633; Off‑street parking available on site
More about this property
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