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Property profile & analytics

217 Main St Princeton, IN 47670

  • Parking lots & garages
  • 0.36 lot acres
Value Estimation
Last Sale
Jun 07, 2021
Location Intelligence
Property ID
US31-2928397
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Powerhouse Bar &Grill / Bar

Property Details for 217 Main St

Year built
1970
Lot size
0.36 lot acres
Property type
Parking lots & garages
APN
26-12-07-104-003.959-028
APU
261207104003959028

Description

This exceptional commercial property at 217 N Main Street, Princeton, Indiana, presents a fantastic investment opportunity. The property boasts a substantial 0.67-acre lot, providing abundant parking across three lots. A covered outdoor area offers additional seating, perfect for expanding operations or creating a welcoming atmosphere. A large fenced area is ideal for hosting live music events or other outdoor activities, adding significant potential for revenue generation. The main building comprises over 3,000 square feet, featuring a versatile layout. One side currently functions as a bar area, while the other is configured as an arcade, demonstrating adaptability to various business models. The space is easily convertible to suit a wide range of commercial uses. Upstairs, an office or apartment provides additional space, potentially for management or residential use. The property's location just outside the revitalized downtown area of Princeton offers excellent visibility and accessibility. This turnkey opportunity includes an existing business, providing immediate income potential and a solid foundation for future growth. The combination of a prime location, ample space, and versatile layout makes this property an attractive investment for discerning buyers. The property's size and features offer significant potential for expansion and adaptation to meet evolving market demands. This is a rare chance to acquire a well-established business with significant growth potential in a thriving community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Princeton
County
Gibson
State
Indiana
Longitude
-87.5678
Latitude
38.357
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$819
$17,300
$10,000
$27,300
-
$17,300
$10,000
$27,300
More about this property
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