For saleReduced $45,100
$279,900
Retail property
4,367 SF building0.27 acres lot
$64/SF (asking price ÷ building area)
1001 S E StreetRichmond, IN 47374
Listing courtesy of Ryan Cate Auctions & Real Estate LLC · MyStateMLS #11552661
For saleReduced $10,000 from $249,000
$239,000
3,564 SF building0.16 acre lotBuilt 1861
101 N 7th StreetCannelton, IN 47520
Retail property (from the listing description) · Storefront · MLS 11871104 · Listed 120 days ago (Jul 6, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
I am so happy, excited and proud to share this new listing! The historic F.H. Clemens Building stands as one of Cannelton's most recognizable landmarks, a property that tells a story spanning more than a century and a half. Built in 1861, the structure reflects the durability and craftsmanship of its era, with a distinctive combination of sandstone and brick construction that has allowed it to stand the test of time. Situated prominently along a main corner on Highway 66, the building continues to anchor the streetscape just as it has for generations. Over the years, the building has worn many hats, evolving alongside the community it serves. Originally operating as a general store, it was once a hub of daily life in downtown Cannelton. Local residents still recall the personal connections tied to the space, stories of children growing up in the upstairs living quarters, and memories of first bicycles purchased on the main floor, moments that give the building a living, breathing place in the town's history. In 2012, a new chapter began with a full scale renovation and restoration, carefully designed to preserve the building's historic charm while introducing modern functionality. The transformation included a new storefront, updated main-level windows, and radiant-heated floors, creating a warm and inviting environment. Extensive structural work was completed to ensure longevity, while thoughtful design choices elevated the space into a true showpiece. Upstairs, the installation of beautiful hardwood floors crafted from reclaimed gym bleachers from Evansville schools adds a unique and meaningful touch, blending history within history. In more recent years, the building has become widely known as a welcoming gathering place, having served as the home of Rhythm Coffee and Magnolia Coffee. These businesses helped reintroduce the building to a new generation, making it not just a historic site but an active part of modern community life. Today, the F.H. Clemens Building stands as a rare opportunity as an authentic, character-rich property where past and present come together. With its deep roots, thoughtful updates, and unmistakable presence, this is truly a one-of-a-kind downtown showpiece that must be experienced in person to be fully appreciated.
Description provided by the listing brokerage.
Key facts
- Asking price
- $239,000
- Original list price
- $249,000
- Status
- For sale
- Property type
- RetailFrom the listing description
- Building area
- 3,564 SFSource field LivingArea
- Land area
- 0.16 acresSource field LotSizeSquareFeet
- Year built
- 1861
- MLS number
- 11871104
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $239,000
- Price per SF of building
- $67/SFAsking price ÷ 3,564 SF reported building area
Building and site
- County
- Perry County
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Cannelton or retail property in Cannelton.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…lity. the transformation included a new storefront, updated main-level windows, and radian…")
- MLS property class detail. (PropertyTypeDetail: comm-building)
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Price and status history
- Original list price reported by the brokerage: $249,000
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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$220,000
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- Parking reported
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Listing courtesy of Lighthouse Realty Group, Inc. · MyStateMLS #11363029
Guides
Listing courtesy of Indiana Realty Group. Listing agent: Patricia Seibert. Listings provided by MyStateMLS.
Listing last modified at the source Oct 22, 2026, 8:54 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 3, 2026, 10:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.