1008 Main Street Rd Vincennes, IN 47591
This exceptional commercial property at 1008 Main Street, Vincennes, Indiana, presents a unique investment opportunity. The 0.19-acre lot houses Willie's Pub, a well-established business with a strong social media presence (2.8K followers) and a proven track record of successful rentals for various events, including bridal showers, corporate functions, and private parties. Recent renovations have significantly enhanced the property's appeal, featuring upgraded seating areas, custom wood wall treatments, an improved hood system, refreshed brickwork, and a state-of-the-art surround sound system ideal for live music or DJ events. The sale includes the business itself, an adjacent lot, all signage, the business name, a valuable liquor license, a storage shed, and the majority of the personal property. The building boasts practical features such as a walk-in freezer, three air conditioning units, two exhaust fans, and four bathrooms. Enhanced security is provided by a VEI system. While some personal items (dart boards, pool table, ATM, and jukebox) are excluded from the sale, the comprehensive package offers a turnkey operation ready for immediate success or further development. This is a chance to acquire a thriving business and prime real estate in the heart of Vincennes' vibrant downtown area. The asking price is $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.