Search
Historic Bar & Restaurant Building
For Sale
$555,000

101 N 2nd Street, Vincennes, IN 47591

COMMERCIAL - Vincennes, IN

Lot Size0.15 Acres
Days on Market450

Property Features for 101 N 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Subdivision South Vincennes
Directions Use GPS to locate
Standard status Active
APN 42-12-21-201-051.000-022
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description OLD TOWN, PT. LOT 85
Tax Annual Amount 2373
Legal Description OLD TOWN, PT. LOT 85

Utilities

Cooling system Central Air

Building Details

Year built 1880
Flooring type Tile, Carpet
Roof type Rubber
Listing Agency: F.C. TUCKER EMGE
Listed By: Vanessa Purdom · License #RB14051198
Added: May 7, 2025 Changed: Jul 6 Last Checked: Jul 30 at 1:06PM
MLS# 202516369

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.

This multifunctional building offers a combination of bar, dining, and event space, designed for high-capacity hospitality. The property includes a bar room and dining room/event space, along with outdoor patio commercial kitchen space. Capacity is stated as over 100, and the historic mirrored bar features tiger oak and a marble top. In addition to the main floor setup, there is potential for an upstairs apartment. Historic artifacts may be negotiated as part of the sale, providing flexibility around what is included in the transfer.

The building is located in downtown Vincennes, Indiana, on a 0.15-acre lot, at 101 N 2nd Street. The property is described as only a short distance from the Wabash River.

For a buyer looking to operate or reposition a hospitality concept, the layout supports multiple uses, including a full service bar, dining, and event hosting, with outdoor patio cooking space for service and programming. The included features and stated capacity can support restaurants, bar-and-grill formats, and uses that benefit from both indoor seating and an outdoor patio area. The potential upstairs apartment may also appeal to an owner-operator looking to create additional residential space within the same building.

Key Highlights

  • Historic bar building with Year Built 1880
  • Capacity over 100 with bar room and dining room/event space
  • Outdoor patio and commercial kitchen space

Property 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.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
Balanced
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Multifunctional historic bar and dining space with outdoor patio commercial kitchen and capacity for 100+.
Where is this bar & pub located?
The property is located at 101 N 2nd Street 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: Historic bar building with Year Built 1880; Capacity over 100 with bar room and dining room/event space; Outdoor patio and commercial kitchen space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message