Building Details

Year built 1900

Flooring type Vinyl, Wood

Roof type Metal

Listing Agency: RE/MAX Results · RE/MAX International t***@toddstock.net Show Phone

Listed By: Tracey Musser Show Phone

Added: May 14 Changed: Aug 4 Last Checked: Aug 9 at 1:06PM

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MLS# 202618274

Copyright © 2026 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This bar and kitchen business opportunity includes the building and key operating items, along with a 3-way liquor license (including carry-out). Interior features and improvements include central air and a metal roof, with wood and vinyl flooring. The offering also includes kitchen equipment, a walk-in cooler, pool table, and furnishings. A full basement provides storage, and there is ample parking for guests.

The property is located at 102 W State Street in Ashley, IN 46705, in DeKalb County. Public remarks note the bar’s location right off I-69 with several factories down the road, supporting convenient access for customers.

Built in 1900 and situated on a 0.08-acre lot, the space includes basement rooms and is cooled with central air. The combined package is geared toward day-to-day bar and kitchen operations from the outset.

Key Highlights

• 3‑way liquor license with carry‑out included
• Kitchen equipment plus walk‑in cooler
• Pool table and jukebox included

Property Analytics

Property Profile

Current Use

Joe's Place Bar & Pub

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Real Estate Agency Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

125

Businesses Nearby

10k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Shops & Services

5,433 visits/mo 0.4 miles

Dollar General Shops & Services

4,685 visits/mo 0.3 miles

Demographics for 46705, IN

1,716

Population

830

Households

2.1

Avg Household Size

39

Median Age

20%

College-Educated

94%

High-School Grad

22.2 sq mi

ZIP Area

77

Density / Sq Mi

$62,232

Median Household Income

$36,045

Median Earnings

$711

Median Rent

$144,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Similar Off Market Nearby

• Beer's Pub & Grub — 117 W State St, Ashley, IN 46705
• Joe's Place — 102 W State St, Ashley, IN 46705

Frequently Asked Questions

What type of property is this?

Bar & Pub - Bar and kitchen with a 3-way liquor license, carry-out, and a walk-in cooler plus full basement storage.

Where is this bar & pub located?

The property is located at 102 W State Street Ashley, IN.

What is the asking price?

The asking price for this property is $155,000.

What are key features of this property?

This property features: 3‑way liquor license with carry‑out included; Kitchen equipment plus walk‑in cooler; Pool table and jukebox included