124 Main Street Rd Vincennes, IN 47591
- Commercial real estate
- 13,600 SF
- 0.11 lot acres
Current Use by Public Records
- The Vincennes Brewing Company / Brewery / Bar
Property Details for 124 Main Street Rd
- Year built
- 1890
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 13,600 SF
- Property type
- Commercial real estate
- APN
- 42-12-21-201-033.000-022
- APU
- 421221201033000022
Description
This exceptional mixed-use property, located at 124 Main St in historic Vincennes, Indiana (47591), presents a unique investment opportunity. The 6,404 square foot building, constructed in 1890, boasts four stories and sits on a 0.11-acre lot (APN: 42-12-21-201-033.000-022). Currently operating as a thriving business, the property includes the Vincennes Brewing Company, the only licensed small brewery within a 50-mile radius. The sale encompasses all brewing and bar equipment, including a walk-in cooler, tap system, refrigerators, water filtration system, and fixtures. A separate, month-to-month leased hair salon provides additional rental income. The building also features a third-floor office space, a party room, and a shower room (in addition to five other bathrooms). The upper two floors offer significant expansion potential, showcasing exposed brick and windows overlooking prominent local landmarks. The C-2 zoning allows for diverse commercial uses. The asking price is $449,900 ($70.25/sq ft). While certain leased amusement items are not included in the sale, their transfer may be possible. This property offers a blend of established income and substantial growth opportunities in a vibrant downtown location.
Value Estimation
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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
- CBSA code
- 47180
- CBSA name
- VINCENNES, IN MICROPOLITAN STATISTICAL AREA
