124 Main St Vincennes, IN 47591-1234
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.
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The Vincennes Brewing Company Production Facility Brewery & Distillery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.