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Bar and Pub with Full Basement
For Sale
$155,000

102 W State St, Ashley, IN 46705

Established bar property with a 3-way liquor license, commercial kitchen equipment, and a walk-in cooler.

Property Size1,304 SF
Price / SF$118.87
Days on Market28

Property Features for 102 W State St

General Information

Standard status Active
Size 1,304 SF

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Highway Access Yes

Building Details

Year Built 1900
Listing Agency: RE/MAX Results
Listed By: Tracey Musser
Source: Kmsrealestategroup
Added: Aug 3 Changed: Aug 29 Last Checked: Aug 25 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

Investment Insights

Based on property information with market context.

This 1900-built bar and pub property includes the building, furnishings, kitchen equipment, a walk-in cooler, and a pool table. A newer air-conditioning system serves the premises, while the full basement provides additional storage. The property also includes a 3-way liquor license with carry-out privileges.

Located at 102 W State St in Ashley, the property sits near several factories and just off I69. Ample parking supports customer access, and the existing food-and-beverage setup provides a ready framework for continued bar and dining operations.

Key Highlights

  • 3‑way liquor license includes carry‑out privileges
  • 1900‑built bar and pub property
  • New air‑conditioning system

Property Analytics

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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
5,433 visits/mo 0.0 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
Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established bar property with a 3-way liquor license, commercial kitchen equipment, and a walk-in cooler.
Where is this bar & pub located?
The property is located at 102 W State St 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 includes carry‑out privileges; 1900‑built bar and pub property; New air‑conditioning system
More about this property
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