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Two-Story Brick Office Building
For Sale
$369,500

225 N 2nd Street, Vincennes, IN 47591

COMMERCIAL, Vincennes, IN

Property SizeContact for details
Lot Size0.24 Acres
Days on Market97

Property Features for 225 N 2nd Street

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Parking features Off Street
Subdivision Old Town
Lot features City
Directions North on 6th Street turn right on E. St Clair Street turn left onto N 2nd Street go approximately 0.8 miles.
Standard status Active
APN 42-12-21-201-081.000-022
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Old Town SD Pt Lot 88
Tax Annual Amount 6472
Legal Description Old Town SD Pt Lot 88

Utilities

Cooling system Central Air

Building Details

Year built 1848
Flooring type Finished, Carpet, Tile - Ceramic
Roof type Shingle
Listing Agency: Vic Hopkins Agency
Listed By: Phillip Gabhart · License #RB26000009
Added: Jun 8 Changed: Sep 4 Last Checked: Sep 12 at 5:06PM
MLS# 202622330

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.

Built in 1848, this two-story brick office property at 225 N 2nd Street provides a substantial layout for professional operations. The interior includes multiple private offices, reception areas, storage space, finished areas, carpet, and ceramic tile flooring, along with a basement and central air conditioning.

Separate access points allow the building to function for one occupant or two businesses. The configuration supports professional services, medical or legal offices, financial institutions, nonprofit organizations, and co-working concepts, subject to applicable approvals. Off-street parking is available, and the property occupies a 0.24-acre lot in Vincennes, Indiana.

Key Highlights

  • Two‑story brick office building constructed in 1848
  • Multiple private offices with reception and storage areas
  • Separate access points support one or two businesses

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Acupuncture

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

1,171
Businesses Nearby

Demographics for 47591, IN

24,984
Population
11,874
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
166.5 sq mi
ZIP Area
150
Density / Sq Mi
$57,862
Median Household Income
$37,295
Median Earnings
$794
Median Rent
$140,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Private offices, reception areas, storage, and separate entrances support use by one or two businesses.
Where is this office building located?
The property is located at 225 N 2nd Street Vincennes, IN.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Two‑story brick office building constructed in 1848; Multiple private offices with reception and storage areas; Separate access points support one or two businesses
More about this property
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