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    605-617 N Main St Evansville, IN 47711

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    For Sale
    $1,500,000

    Four-property portfolio with restaurant, retail, apartments, and parking.

    Lot size:
    0.67 Acres

    Property Features for 605-617 N Main St

    General Information

    Lot size
    0.67 Acres

    Source: Hahn Kiefer Real Estate Services Agent Joseph Kiefer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Portfolio For Sale

    A four-property investment portfolio is available for sale, comprising properties at 605, 607, and 617 N Main St, and 11 E Delaware St. The properties include 605-607 N Main St, which currently houses Jacobs Pub, a restaurant. The sale includes the real property and the kitchen and dining equipment. Note that the liquor license is not included in the sale. 617 N Main St generates rental income and features one commercial space on the main level and two apartments on the second level. 11 E Delaware St is a paved parking area.
    Location Intelligence

    Current Use by Public Records

    Pubs

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.563498
    Latitude
    37.983367

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    FAQs

    What type of property is this?
    Pub - Four-property portfolio with restaurant, retail, apartments, and parking.
    Where is this pub located?
    The property is located at 605-617 N Main St Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Four-property investment portfolio.; - Includes a restaurant property (Jacobs Pub) with kitchen and dining equipment.; - 617 N Main St generates rental income from a commercial space and two apartments.
    (812) 604-5973
    Request Owner's contact information
    605-617 N Main St Evansville, IN 47711
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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
    605-617 N Main St Evansville, IN 47711
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