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    106 Main Street Rd Vincennes, IN 47591
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    Property profile & analytics

    106 Main Street Rd, Vincennes, IN 47591

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    • Commercial real estate
    • 0.06 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 106 Main Street Rd

    Year built
    1902
    Lot size
    0.06 lot acres
    Property type
    Commercial real estate

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.5327
    Latitude
    38.6805
    More about this property
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