$205,000

4489 Broadway, Gary, IN 46409

  • 1,270 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $161/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Bugsy's Tavern has been in operation since 2007 and is now available for purchase as a fully operational, turn-key business on a 0.13-acre lot. This 1,270-square-foot establishment, with a rich history. This tavern was formerly operated as Red's Keg and was originally built in 1930. Bugsy's now operates with a nostalgic Harley Davidson-themed decor. It spans the length of the building, offering seating for approximately 50 patrons, including 15 stools at the counter, additional seating for 20 spread throughout the facility, and 15 more on the outside patio. The outside patio has two tables and bench seating as well. Entertainment income is obtained by the Music selections, dart board, and pull tab gambling. Multiple flat-screen TVs to keep guests engaged. This is a Smoking establishment, presently serving only limited bar food, but has a small kitchen for owners who would like to expand the menu options. For comfort and convenience, the property features heating and air conditioning for year-round climate control, along with two restrooms. Outdoors, a small patio provides extra space for guests to unwind, while 20 onsite parking spaces and additional street parking ensure ample availability. This tavern has a long term, hands on owner who has kept hours of operation of Noon to 8pm (sometimes later). Additional income can be generated by expanding the hours of operation. The bar can stay open until 3am. This turn-key property is ready for immediate operation--don't miss this great income opportunity!

Listing Status:
Active
Listing Office:
Realty Executives Premier : (219) 462-2224
Listing Agent:
Rachel Peers-Port :
MLS ID:
820433
  • Appliances: DishwasherOtherWater HeaterRefrigeratorRange HoodMicrowaveGas Water HeaterFreezer
  • Heating: CentralForced Air

This listing courtesy of Rachel Peers-Port, Realty Executives Premier

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Glen Park Academy

5002 Madison St, Gary, IN, 46408

Grades KG-5

0.70 miles away

B

Bailly STEM Academy

4621 Georgia St, Gary, IN, 46409

Grades 6-8

0.62 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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