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Historic Bar with Event Space
For Sale
$555,000

101 N 2nd Street, Vincennes, IN 47591

COMMERCIAL, Vincennes, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market480

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 Carpet, Tile
Roof type Rubber
Listing Agency: F.C. TUCKER EMGE
Listed By: Vanessa Purdom · License #RB14051198
Added: May 7, 2025 Changed: Aug 26 Last Checked: Aug 29 at 12:06AM
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.

Built in 1880, this bar and restaurant property combines several hospitality components within a 0.15-acre site. The layout includes a dedicated bar room, dining and event areas, outdoor patio, commercial kitchen space, basement, and an upstairs area identified as having apartment potential. Tile and carpet flooring, central air, and a rubber roof are among the building features.

The property is located at 101 N 2nd Street in downtown Vincennes, near the Wabash River. Capacity is reported at more than 100, supporting a range of bar, dining, and event functions. A mirrored tiger-oak bar with a marble top is installed, while historic artifacts may be negotiated as part of the sale.

Key Highlights

  • 1880‑built bar and restaurant property on a 0.15‑acre site
  • Capacity exceeding 100 guests
  • Bar room, dining area, and event 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

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

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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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 - Multifunctional hospitality property with dining, patio, kitchen, and room for gatherings exceeding 100 guests.
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: 1880‑built bar and restaurant property on a 0.15‑acre site; Capacity exceeding 100 guests; Bar room, dining area, and event space
More about this property
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