4489 Broadway new Save Request In-Person Tour Request Virtual Tour
Gary,IN 46409
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,270 sqft
Price per Sqft $161
MLS Listing ID 820433
Year Built 1930
Annual Tax Amount $1,154
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Business
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!
Location
State IN
County Lake
Zoning Commercial
Interior
Heating Central,Forced Air
Cooling Ceiling Fan(s),Central Air
Flooring Other
Fireplace No
Appliance Dishwasher,Other,Water Heater,Refrigerator,Range Hood,Microwave,Gas Water Heater,Freezer
Exterior
Exterior Feature None
Parking Features Alley Access,Off Street,Other,Attached,Asphalt
Utilities Available Cable Connected,Sewer Connected,Water Connected,Natural Gas Connected,Electricity Connected
Roof Type Other
Building
Lot Description Corner Lot,Paved
Story 1
Structure Type Brick
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional