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Mixed-Use Brick Building
New
For Sale
$175,000

423 Main Street, Vincennes, IN 47591

Two levels of commercial space include retail frontage, a mezzanine office, a loft, basement area, and alley-access storage.

Property Size5,000 SF
Price / SF$35
Days on Market4

Property Features for 423 Main Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial

Amenities

built-in shelving
large Main Street display window
natural light
overhead door
alley access
finished basement
mezzanine office with half bath

Building Details

Year Built 1900
Buildings 1
Stories 2
Construction brick
Listing Agency: RE/MAX Mainstream
Listed By: Trey Miller · License #RB14049971
Source: Jmrealtyonline
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 4:57PM

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 Mainstream

Rey
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Investment Insights

Based on property information with market context.

This two-story brick commercial property in downtown Vincennes contains approximately 5,000 square feet. The main level has nearly 1,900 square feet of retail space, 14-foot ceilings, built-in shelving, and a large display window facing Main Street. A 13’ x 14’ mezzanine office includes a half bath, while the upper loft measures approximately 1,460 square feet. The finished basement offers over 600 square feet of additional space, and a 694-square-foot garage and storage area has an overhead door and alley access.

Built in 1900, the property is located at 423 Main Street in Vincennes, Indiana. Its existing mix of retail, office, loft, basement, and storage areas provides a range of commercial configurations within one building.

Key Highlights

  • Approximately 5,000 square feet in a two‑story brick building
  • Nearly 1,900 square feet of main‑level retail space with 14‑foot ceilings and built‑in shelving
  • 13’ x 14’ mezzanine office with a half bath

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Bakery Pharmacy Plumbing Service

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

137
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
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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?
Mixed-use property - Two levels of commercial space include retail frontage, a mezzanine office, a loft, basement area, and alley-access storage.
Where is this mixed-use property located?
The property is located at 423 Main Street Vincennes, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Approximately 5,000 square feet in a two‑story brick building; Nearly 1,900 square feet of main‑level retail space with 14‑foot ceilings and built‑in shelving; 13’ x 14’ mezzanine office with a half bath
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