106 Main Street Rd Vincennes, IN 47591
This exceptional commercial property, located at 106 Main Street in the heart of Vincennes, Indiana, presents a unique investment opportunity. Situated just one block from the scenic riverwalk and the Downtown Pavilion, this prime location offers unparalleled visibility and accessibility. The building, formerly home to a portion of a well-regarded bookstore, features a stunning showroom complete with elegant wooden columns, high-quality slat walls, and abundant natural light. The approximate gross square footage is 6739 square feet, with approximately 4402 square feet of finished space. The unfinished second floor offers significant potential for expansion, whether for additional retail space, storage, or the development of a loft apartment boasting breathtaking views of the George Rogers Clark Memorial. A finished basement provides several distinct areas with built-in shelving, slat walls, and office space, ideal for various business needs. The property sits on a 0.06-acre lot. While currently connected to 110 Main Street, the connecting points will be sealed before the sale is finalized. For those seeking a larger footprint, the option to purchase both buildings at a discounted price is available. This property is priced at $239,000 and is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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