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Historic Bar and Restaurant Building
For Sale
$555,000

101 N 2nd St, Vincennes, IN 47591

Historic bar and restaurant building with bar room, dining/event space, outdoor patio, and commercial kitchen area.

Property Size5,667 SF
Price / SF$97.94
Days on Market188

Property Features for 101 N 2nd St

General Information

Standard status Active
Size 5,667 SF

Building Details

Year Built 1880
Listing Agency: F.C. TUCKER EMGE
Listed By: Vanessa Purdom · License #RB14051198
Source: Callcriswell
Added: Apr 24 Changed: Oct 25 Last Checked: Oct 7 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. TUCKER EMGE

Rey
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Investment Insights

Based on property information with market context.

This for-sale property is a multifunctional historic bar and restaurant building with capacity over 100. The layout includes a bar room and a dining room/event space, along with outdoor patio commercial kitchen space. The building also presents potential for an upstairs apartment.

The historic mirrored bar features tiger oak and a marble top, and the accompanying historic artifacts may be negotiated into the sale. The property is described as being in downtown Vincennes, within a short distance of the Wabash River.

As presented, the asset supports both indoor food and beverage service and event-style dining, with outdoor patio space and an on-site commercial kitchen area to support operations.

Key Highlights

  • Built in 1880, historic bar and restaurant building in downtown Vincennes
  • Capacity over 100 with a bar room and dining room/event space
  • Central air cooling

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Kitchen & Bath Showroom Restaurant Auto Parts 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

1,074
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47591, IN

24,984
Population
11,874
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
166.5 sq mi
ZIP Area
150
Density / Sq Mi
$57,862
Median Household Income
$37,295
Median Earnings
$794
Median Rent
$140,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Willie's Pub — 1008 Main St, Vincennes, IN 47591
  • LOVE IT WEAR — 398-300 Seminary St, Vincennes, IN 47591, United States
  • Alice & Woody's Cocktail Bar — 1031 washington ave, vincennes, in 47591
  • Alice and Woodys Cocktail Bar — 1031 Washington Ave, Vincennes, IN 47591
  • The Hangar Bar & Slots — 20272 IL-33, Lawrenceville, IL 62439

Frequently Asked Questions

What type of property is this?
Bar & Pub - Historic bar and restaurant building with bar room, dining/event space, outdoor patio, and commercial kitchen area.
Where is this bar & pub located?
The property is located at 101 N 2nd St Vincennes, IN.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Built in 1880, historic bar and restaurant building in downtown Vincennes; Capacity over 100 with a bar room and dining room/event space; Central air cooling
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