Current Use by Public Records
- Commercial real estate
Property Details for 124 Main Street Rd
- Year built
- 1890
- Lot size
- 0.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property at 124 Main Street, Vincennes, Indiana, presents a unique investment opportunity. Situated on Indiana's first main street, this building boasts a prime downtown location with significant potential for growth and expansion. The sale includes the established Vincennes Brewing Company, the only licensed small brewery within a 50-mile radius. All brewing equipment is included, encompassing a walk-in cooler in the basement, a complete tap system, refrigerators, a water filtration system, and fixtures. The brewery is currently operational and will remain open during the sale process. Adding to the income stream is a hair salon operating on a month-to-month lease, providing consistent rental income. The building also features a third-floor office space, a separate second-floor party room, and five bathrooms. Significant expansion possibilities exist on the third and fourth floors, offering open canvases with exposed brick walls and expansive windows overlooking Patrick Henry Square and the George Rogers Clark Memorial. These upper floors present a blank slate for future development. The property sits on a 0.11-acre lot. The asking price is $379,900. Note that certain leased items, including a jukebox, dartboards, Golden Tee golf game, pinball machine, and arcade machines, are not included in the sale but may be available for transfer separately. This is a rare chance to acquire a thriving business and a versatile commercial building in the heart of downtown Vincennes.
Value Estimations
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AI approach
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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
- -87.5323
- Latitude
- 38.6801
