4489 Broadway - Bar FOR SALE


Gary, IN 46409- Glen Park
$205,000 USD
219-613-7527
4489 Broadway, Gary, IN for Sale
$205,000 USD
Bar - FOR SALE
1/18
null | Request Cap Rate

NEW


4489 Broadway
Gary, IN 46409
Glen Park


OVERVIEW

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. A 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!

FOR SALE DETAILS

PRICE

$205,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

Business 1

APN/PARCEL ID

45-08-27-355-022.000-004

ASK ABOUT THIS PROPERTY

Bill PortBill Port - Realty Executives CommercialMore Info
219-613-7527

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Bill PortBill Port - Realty Executives CommercialMore Info
219-613-7527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.