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    1019 Bayou St Vincennes, IN 47591

    For Sale
    $299,900

    Spacious Corner Lot, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 1019 Bayou Street in Vincennes, Indiana, presents a unique investment opportunity. Situated on a sizable 0.6-acre corner lot, the building boasts ample parking, a significant advantage for businesses requiring convenient client and employee access. The property features a main level and a lower level, both offering versatile commercial space. A well-appointed reception area provides a professional first impression, while numerous offices cater to various business needs. The building's functionality is further enhanced by the inclusion of six and a half bathrooms, ensuring convenience and comfort for occupants and visitors. Accessibility is prioritized with handicap-accessible features throughout. The property's climate control systems are robust, featuring four air conditioning units and three furnaces, ensuring year-round comfort and efficiency. The building's layout and amenities make it suitable for a wide range of commercial uses, from professional offices to retail spaces. The strategic corner location and ample parking provide excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Vincennes market. The asking price is $299,900. This property offers a compelling combination of location, size, and features, representing a strong investment potential. Serious inquiries are encouraged.

    Property Features for 1019 Bayou St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Black Angela K Physical Therapist Franz Virginia M Physical Therapist Dr. Daniel J. ... Orthopedic Surgeon Holscher Lisa M Registered General Nurse Dr. Phillip B. ... Orthopedic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.53167
    Latitude
    38.66973

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Corner Lot, Ample Parking
    Where is this commercial real estate located?
    The property is located at 1019 Bayou St Vincennes, IN.
    What is the asking price?
    The asking price for this property is $299,900.
    (812) 882-4444
    Request Owner's contact information
    1019 Bayou St Vincennes, IN 47591
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    Vincennes, IN 47591
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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
    1019 Bayou St Vincennes, IN 47591
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