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Property profile & analytics
OFF-MARKET
Commercial real estate

505 Main Street Rd Vincennes, IN 47591

0.36 ac lot Built 1812
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 505 Main Street in the heart of Vincennes, Indiana, presents a unique opportunity for a variety of businesses. Boasting a prime downtown location, this 0.36-acre lot offers significant advantages for businesses seeking high visibility and accessibility. The property itself is classified as General Commercial and is listed at $349,900. While the exact square footage is not currently specified, the substantial lot size and inclusion of both dedicated parking and a garage address a common challenge for downtown commercial properties: convenient parking for customers and employees. The property's central location within Vincennes provides easy access to a thriving community and offers excellent potential for a wide range of commercial ventures. Its existing infrastructure and ample parking make it an attractive option for businesses seeking a ready-to-occupy space with immediate operational capabilities. The property's versatility allows for diverse uses, making it an ideal investment for entrepreneurs and established businesses alike. Serious inquiries are encouraged to explore the full potential of this exceptional downtown commercial opportunity. The property's strategic location and included amenities make it a rare find in the Vincennes commercial real estate market.

Property profile
Verified
Property type Commercial real estate
Year built 1812
Lot 0.36 ac (15,682 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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