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Multi-Unit Restaurant Portfolio
For Sale
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605-620 N Main St, Evansville, IN 47711

Four-property portfolio includes restaurant real estate, equipment, and a liquor license with additional rental income.

Property SizeContact for details
Days on Market325

Property Features for 605-620 N Main St

General Information

Standard status Active
Property subtype RETAIL
Listing Agency: Hahn Kiefer Real Estate Services
Listed By: Joseph Kiefer
Source: Moodyscre
Added: Oct 3, 2025 Changed: Aug 22 Last Checked: Aug 22 at 1:47PM

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 Hahn Kiefer Real Estate Services

Investment Insights

Based on property information with market context.

This four-property investment portfolio is offered for sale, comprising 605, 607, and 617 N Main St and 11 E Delaware St. The 605–607 N Main St property is operated as Jacobs Pub and the sale includes the real property, restaurant business, liquor license, and kitchen and dining equipment.

The 617 N Main St property provides rental income with one commercial space on the main level and two apartments on the second level. The 11 E Delaware St property includes a paved parking area.

Together, the portfolio combines restaurant operations with income-producing residential and commercial space, with the Delaware Street site functioning as a dedicated paved parking area.

Key Highlights

  • Four‑property investment portfolio for sale: 605, 607, and 617 N Main St plus 11 E Delaware St
  • 605–607 N Main St includes real property, restaurant business, liquor license, and kitchen/dining equipment
  • 617 N Main St has rental income with one commercial space on the main level and two apartments on the second level

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Acupuncture Hair Salon Pet Store & Service Garden Center

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

1,630
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47711, IN

31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Four-property portfolio includes restaurant real estate, equipment, and a liquor license with additional rental income.
Where is this conventional restaurant located?
The property is located at 605-620 N Main St Evansville, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Four‑property investment portfolio for sale: 605, 607, and 617 N Main St plus 11 E Delaware St; 605–607 N Main St includes real property, restaurant business, liquor license, and kitchen/dining equipment; 617 N Main St has rental income with one commercial space on the main level and two apartments on the second level
(812) 604-5973 Call to check price and availability
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