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    423 Main Street Rd Vincennes, IN 47591

    Sponsored
    For Sale
    $194,900

    Mixed Use - Vincennes, IN

    Type:Mixed Use
    Lot size:
    0.08 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 8 at 10:06 pm

    Property Features for 423 Main Street Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Office
    Bathrooms
    2
    APN
    42-12-21-303-010.000-022
    Interior features
    Drywall, 220 Volts, Overhead Door 1, Alley, Basement, Delivery Door
    Exterior features
    220 Volts, Overhead Door 1, Alley, Basement, Delivery Door
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    RE/MAX Mainstream (812) 291-0695 [email protected]

    Listing agent Trey Miller (812) 291-0695 License #RB14049971

    Listing date Dec 22, 2025

    MLS# 202549444 Listing URL

    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.

    Overview

    Downtown Vincennes Mixed-Use Building

    Located in the heart of Downtown Vincennes on Indiana’s historic First Main Street, this two-story brick commercial building offers approximately 5,000 square feet of versatile space. The building has a history of retail use dating back to the early 1900s. The main level features nearly 1,900 square feet of retail space, highlighted by 14-foot ceilings, built-in shelving, and a large Main Street display window providing visibility and natural light. An additional 694 square feet of garage/storage space with an overhead door offers alley access. The finished basement provides over 600 square feet of additional usable space, suitable for storage, workspace, or office use. A 13’ x 14’ mezzanine office includes a half bath, while the upper loft area of approximately 1,460 square feet presents potential for additional retail or office space. Situated on a 0.08-acre lot, this property is suited for retail, office, or mixed-use possibilities and represents an opportunity for an owner-occupant or investor looking to establish a presence in Downtown Vincennes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.530578
    Latitude
    38.677629

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial building in historic downtown Vincennes.
    Where is this retail space located?
    The property is located at 423 Main Street Rd Vincennes, IN.
    What is the asking price?
    The asking price for this property is $194,900.
    What are key features of this property?
    This property features: - Prime Downtown Vincennes location on historic First Main Street.; - Approximately 5,000 sq ft of versatile space suitable for retail, office, or mixed-use.; - Main level retail space with 14-foot ceilings, built-in shelving, and large display window.
    (812) 291-0695
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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
    423 Main Street Rd Vincennes, IN 47591
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