423 Main Street Rd Vincennes, IN 47591
- Commercial real estate
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 423 Main Street Rd
- Year built
- 1900
- Lot size
- 0.08 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property at 423 Main Street, Vincennes, Indiana, presents a rare opportunity for a discerning business owner. Situated on Indiana's first Main Street, this building boasts an unparalleled location with a rich history of successful retail ventures dating back to the early 1900s. The main floor offers nearly 1900 square feet of retail space, perfectly equipped with built-in shelving and a striking 14-foot ceiling height. A large Main Street display window ensures maximum visibility and foot traffic. Adding to its functionality is a 694-square-foot garage space accessible via an overhead door leading to the alley, providing convenient loading and unloading. The property also includes a finished basement exceeding 600 square feet, ideal for storage or additional office space. Upstairs, a 13x14 mezzanine offers dedicated office space with a half bathroom. Furthermore, a substantial upper loft area of approximately 1460 square feet presents significant potential for residential conversion or expansion of the retail space. With almost 5000 square feet of total usable space, this property is priced at $235,000 and sits on a 0.08-acre lot. This is an exceptional opportunity to establish or expand a business in the heart of historic Vincennes.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vincennes
- County
- Knox
- State
- Indiana
- Longitude
- -87.5306
- Latitude
- 38.6776
