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    217 Main St Princeton, IN 47670-1505

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    217 Main St Princeton, IN 47670-1505


    • Parking lots & garages
    • 0.36 lot acres
    Off-Market
    Last Sale Jun 7, 2021
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Powerhouse Bar &Grill / Bar & Pub

    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.


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    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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