Restaurant with Outdoor Event
For Sale
$300,000
217 N Main Street, Princeton, IN 47670
COMMERCIAL, Princeton, IN
Property SizeContact for details
Lot Size0.67 Acres
Days on Market1032
Property Features for 217 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
City
Directions
From Broadway take Main Street north 2 blocks to the property on the left
Subdivision
Gibson County
Standard status
Active
APN
26-12-07-104-000.974-028
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Old Plan 52 PT
Tax Annual Amount
7415
Legal Description
Old Plan 52 PT
Utilities
Cooling system
Central Air
Amenities
covered outdoor area
fenced area for live bands and events
Building Details
Year built
1920
Flooring type
Concrete
Listing Agency:
RE/MAX REVOLUTION · RE/MAX International
(812) 386-3222
Listed By:
Tim Mason · License #RB14024551
(812) 664-0845
Added: Oct 24, 2023
Changed: Aug 19
Last Checked: Aug 20 at 11:06PM
MLS# 202339239
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.
This sale includes a commercial building featuring a bar area on one side and a main dining area that is currently used as an arcade. The property also has an upstairs office or apartment. The site includes three lots designed to support parking, along with a covered outdoor area for additional seating. A large fenced area is set up for live bands and events.
Located just off the resurging downtown area of Princeton, the property benefits from on-site outdoor and event-focused improvements that can support a range of entertainment and hospitality concepts. The three-lot layout provides room for convenient parking on the premises.
For an operator looking for a turnkey hospitality setup, the existing configuration supports multiple room uses, including bar service, a primary public area currently arranged for an arcade, and a separate upstairs office or living space. The covered outdoor seating and fenced event space add flexibility for live events and programming, while the on-site parking capacity is built into the overall site plan.
Located just off the resurging downtown area of Princeton, the property benefits from on-site outdoor and event-focused improvements that can support a range of entertainment and hospitality concepts. The three-lot layout provides room for convenient parking on the premises.
For an operator looking for a turnkey hospitality setup, the existing configuration supports multiple room uses, including bar service, a primary public area currently arranged for an arcade, and a separate upstairs office or living space. The covered outdoor seating and fenced event space add flexibility for live events and programming, while the on-site parking capacity is built into the overall site plan.
Key Highlights
- Building with over 3,000 SF on the main level plus an upstairs office or apartment
- Central air cooling
- Three lots included for additional parking
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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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 - Offer includes a building with bar and dining/arcade space, plus covered outdoor seating and a fenced event area.
Where is this bar & pub located?
The property is located at 217 N 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: Building with over 3,000 SF on the main level plus an upstairs office or apartment; Central air cooling; Three lots included for additional parking
