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Princeton Commercial Building with Business
For Sale
$300,000

217 Main Street, Princeton, IN 47670

Commercial building with going business and ample parking.

Property Size3,000 SF
Price / SF$100
Days on Market1042

Property Features for 217 Main Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Other

Taxes and HOA fees

Annual Taxes $7,415

Amenities

Central Air
3
40 x 149, 55 x 149, 50 14

Building Details

Year Built 1920
Listing Agency: Tim Mason -
Listed By: Tim Mason · License #RB14024551
Source: Xome
Added: Oct 15, 2023 Changed: Aug 12 Last Checked: Aug 20 at 4:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tim Mason -

Investment Insights

Based on property information with market context.

This commercial building is located just off the resurging downtown area of Princeton. The property includes three lots, providing an abundance of parking. A covered outdoor area offers space for extra seating. There is also a large fenced area suitable for live bands and events. The building features over 3,000 square feet on the main level. The layout includes a bar area on one side and a main dining area on the other side; currently, the dining area is used as an arcade area. The property also includes an upstairs office or apartment.

Key Highlights

  • Includes a going business.
  • Located just off the resurging downtown area of Princeton.
  • Abundance of parking on three lots.

Property Analytics

Current Use

Powerhouse Bar &Grill Bar & Pub

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Building Supply Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
12,473 visits/mo 0.4 miles
Dollar General Shops & Services
4,900 visits/mo 0.4 miles
Citgo Shops & Services
4,296 visits/mo 0.3 miles
Enterprise Rent-A-Car Shops & Services
593 visits/mo 0.3 miles

Demographics for 47670, IN

11,934
Population
5,440
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
89%
High-School Grad
82.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,873
Median Household Income
$36,957
Median Earnings
$959
Median Rent
$140,400
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
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Similar Off Market Nearby

  • Powerhouse Bar &Grill 217 N Main St, Princeton, IN 47670

Frequently Asked Questions

What type of property is this?
Bar & Pub - Commercial building with going business and ample parking.
Where is this bar & pub located?
The property is located at 217 Main Street Princeton, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Includes a going business.; Located just off the resurging downtown area of Princeton.; Abundance of parking on three lots.
More about this property
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