Homes for sale - 4489 Broadway, Gary, IN 46409

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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 226-4848

$205,000

Est. payment - /mo

1,270 SqFt

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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

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Listed by Realty Executives Premier

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 226-4848 | joanna@boutiquehomerealty.com

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4489 Broadway Gary, IN 46409

Joanna Lewkowicz

Key Details

Location

Interior

Exterior

Building

Others

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4489 Broadway