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Restaurant with Outdoor Event Area
For Sale
$300,000

217 N Main Street, Princeton, IN 47670

The property includes a bar, dining or arcade space, an upstairs office or apartment, and parking across three lots.

Property SizeContact for details
Days on Market10

Property Features for 217 N Main Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Patio Yes
Currently Operating Yes

Amenities

large fenced area for live bands and events

Building Details

Year Built 1920
Buildings 1
Listing Agency: RE/MAX REVOLUTION
Listed By: Tim Mason · License #RB14024551
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 3:49PM

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 RE/MAX REVOLUTION

Rey
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Investment Insights

Based on property information with market context.

This restaurant property includes an operating business and occupies a building with more than 3,000 square feet on the main level. The interior is arranged with a bar area and a separate space used for dining or, in its current configuration, arcade activities. An upstairs room serves as an office or apartment, and the building dates to 1920.

Three lots provide parking, while a covered outdoor area offers additional seating. A separate fenced area accommodates live music and events. The property is at 217 N Main Street in Princeton, just outside the downtown area.

Key Highlights

  • Operating restaurant business included with the property
  • More than 3,000 square feet on the main level
  • Bar area plus a separate dining or arcade space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property includes a bar, dining or arcade space, an upstairs office or apartment, and parking across three lots.
Where is this conventional restaurant 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: Operating restaurant business included with the property; More than 3,000 square feet on the main level; Bar area plus a separate dining or arcade space
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