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    217 N Main St Princeton, IN 47670

    For Sale
    $300,000

    Bar, Restaurant/Bar - Princeton, IN

    Lot size:
    0.67 Acres
    Days on Market:
    269
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 217 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    26-12-07-104-000.974-028
    Interior features
    Other, Public Restrooms
    Exterior features
    Public Restrooms
    Lot size
    0.67 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Floors in Building
    1.5
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    RE/MAX Revolution (812) 664-0845 [email protected]

    Listing agent Tim Mason (812) 664-0845 License #RB14024551

    Listing date Mar 12, 2025

    MLS# 202339239 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

    Princeton Bar and Restaurant Opportunity

    This property presents an opportunity for a bar and restaurant business, located just off the resurging downtown area of Princeton, Indiana. The building includes a going business. It features over 3,000 square feet on the main level, currently configured with a bar area on one side and an arcade area or main dining area on the other. The property also includes an upstairs office or apartment. The site comprises three lots, providing an abundance of parking. A covered outdoor area offers extra seating, and a large fenced area is suitable for live bands and events. The lot size is 0.67 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Powerhouse Bar &Grill Bar

    Suggested Use

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

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

    Similar Places Nearby

    Powerhouse Bar &Grill

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.567794
    Latitude
    38.356758

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    FAQs

    What type of property is this?
    Bar - Bar and restaurant with outdoor seating and potential upstairs apartment.
    Where is this bar located?
    The property is located at 217 N Main St Princeton, IN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Includes a going business.; - Located just off the resurging downtown area of Princeton.; - Abundance of parking on three lots.
    (812) 664-0845
    Request Owner's contact information
    217 N Main St Princeton, IN 47670
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    Princeton, IN 47670
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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
    217 N Main St Princeton, IN 47670
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