505 Main Street

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30852580
Property Subtypes: Office Building, Other
Building Size (RSF): 12,067 SF
Gross Building Area: 14,187 SF
Gross Land Area: 0.36 Acres
Sale Price: $460,000
Unit Price: $38.12 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

Beautiful historic building available for sale in Downtown Vincennes! Situated at the corner of Main and Fifth Streets, this building was originally constructed as a residence by David Bonner in 1842, and later purchased by Colonel Cyrus Allen. Known to be good friends with Abraham Lincoln, Colonel Allen had a considerably longer bed constructed to make his visits more comfortable in the home.

-Great location in the heart of Downtown Vincennes’ entertainment sector
-Beautifully constructed in Greek Revival architectural style
-Potential use as an event center, restaurant, professional offices or conversion to multi-family

Additional Details

Nearest MSA: Vincennes
County: Knox
Taxing Authority: Knox
Tax ID/APN: 42-12-21-308-005.000-022; 42-12-21-308-006.000-022
Zoning: C-2
Property Located Between: 5th and 6th
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1842
Construction/Siding: Block, Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,589 19,199 24,387
Median Age: 32.83 37.35 38.29
Households: 3,494 7,531 9,597


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