1 Meridian, Redkey, IN 47373 - Myers Trust

1 Meridian, Redkey, IN 47373

Overview

MLS ID: #202439515
Price: $ 239,000
Sq Ft: 14,010
Office SqFt: 12,810
Lot Size: 0.58 Acres
Year Built: 1899
Zoning:
Taxes: $ 2,572
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Have you ever wanted to own a bar?!? Now is your chance! Val’s Bar and Grill is a fully operational bar currently offering food, weekly Queen of Hearts drawings, pool table, Wifi Juke box, bowling game, and a regular stop and host of Poker Runs. It is also one of several businesses who support each other as part of Redkey’s Downtown Revitalization. Sale includes all restaurant equipment, Security System, Safe, and Type 210 3-way Liquor License. Val’s also has a Catering and Carry-Out Endorsement, Gaming License, and Cigarette License that Buyer can apply for. The ATM, pool table, games, jukebox, and Coke cooler are owned by a 3rd Party. In addition to the Bar, there are also 4 Studio apartments, a one bedroom apartment, and a large garage currently rented out for storage to provide additional income. And there is so much more untapped potential in this building with 3 additional storefronts and 5 more apartments that just need someone to put the effort into bringing them back to life! Seller is willing to assist with transition to new owners for up to 30 days, and would like to give the current employees an opportunity to continue to be employed with the new owners.

MLS ID: 202439515

Details

Planned Unit Dev No
Auction No
New Construction No
Number of Buildings 2
Building 1
Bldg 1 Above Ground SF 12,810
Bldg 1 Below Ground SF 12,810
Bldg 1 Stories 2
Bldg 1 Finished Office SF 154
Building 2
Bldg 2 Above Ground SF 1,200
Bldg 2Stories 1
Lot Dimensions 110x95, 85X118, 46X104
Approx Lot Size SqFt 25,265
Approx Lot Size Acres 1
Ceiling Height 14
Road Access City
Parking Yes
Parking Gravel, Off-Street, Public, Street
Parking Type Gravel Lot
Total Restrooms 7
Interior Height 14
Column Spacing 0
Ingress/Egress Gravel
Water Front No
Currently Leased Yes
Lease Term Remaining Week to week
Sprinkler System Yes
Signs Yes
Sign Type Attached Building Signs
Fire Doors Yes
Enterprise Zone No
Sale Includes: Building, Business, Furniture, Land, License Included
Heating/Fuel Electric, Gas, Baseboard, Forced Air, Multiple Heating Systems
Cooling Central Air, Window
Exterior Brick
Roof Material Metal
Interior Walls Wood, Other
Flooring Carpet, Laminate, Mixed
Water Utility City
Sewer City
Special Features 110 Volts, 220 Volts, Living Space, Basement, Office Space, Public Restrooms, Refrigeration/Freezer
Annual Taxes $2,572.04
Gross Monthly Rent $3,350.00

Map

Listing Office: Jack Houck Real Estate

Listing Agent: Mark Leavell

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.