423 Main StVincennes, IN 47591

Property Details for 423 Main St

Year built

1900

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

5,952 SF

Property type

Commercial real estate

APN

42-12-21-303-010.000-022

APU

421221303010000022

Description

This exceptional investment opportunity presents a 5,552-square-foot commercial building with an established smoke shop business. Located on a 0.08-acre lot at 423 Main St, Vincennes, IN 47591 (APN: 42-12-21-303-035.000-022), this property boasts a historic exterior (built in 1875) and a recently applied new roof coating. The main floor houses a fully operational smoke shop, complete with inventory, furniture, fixtures, a point-of-sale system, and comprehensive training for a seamless transition to new ownership. Upstairs, an unfinished residential unit offers significant potential for conversion into an apartment or additional commercial space. A convenient garage and basement provide ample storage. The property is zoned C-1 and sits on a two-story building. This turnkey operation is ideal for entrepreneurs seeking a blend of real estate and established business ownership within a desirable Main Street location. The asking price is $275,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,109,097

  Hospitality

  $1,015,927

  Educational

  $845,239

  Medical

  $874,309

  Retail

  $1,314,817

Location Insight

City

Vincennes

County

Knox

State

Indiana

Latitude

38.6776

Longitude

-87.5306

CBSA code

47180

CBSA name

VINCENNES, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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