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Powerhouse 217 N Main St 3,280 SF Retail Building Princeton, IN 47670 $300,000 ($91.46/SF)
Investment Highlights
- Downtown Princeton
- Sits on 3 lots
Executive Summary
Fantastic opportunity for this building with a going business included, just off the resurging downtown area of Princeton. Three lots, for an abundance of parking, covered outdoor area for extra seating. Large fenced area for live bands and events. The building consists of over 3,000 square feet on the main level with bar area on one side and the main dining area on the other sde or currently it is an arcade area. Also, includes an upstairs office or apartment.
This property could be sold with building only for $259,000.
This property could be sold with building only for $259,000.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$7,415
|
$2.26
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,415
|
$2.26
|
Financial Summary (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $7,415 |
| Annual Per SF | $2.26 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,415 |
| Annual Per SF | $2.26 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,280 SF
Building Class
C
Year Built
1920
Price
$300,000
Price Per SF
$91.46
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
Central Business
Frontage
40’ on Main St
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-12-07-104-000.974-028 | Total Assessment | $118,900 (2025) |
| Land Assessment | $6,600 (2025) | Annual Taxes | $7,415 ($2.26/SF) |
| Improvements Assessment | $112,300 (2025) | Tax Year | 2022 |
Property Taxes
Parcel Number
26-12-07-104-000.974-028
Land Assessment
$6,600 (2025)
Improvements Assessment
$112,300 (2025)
Total Assessment
$118,900 (2025)
Annual Taxes
$7,415 ($2.26/SF)
Tax Year
2022
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Powerhouse | 217 N Main St
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