Building Details

Year built 1900

Flooring type Wood, Vinyl

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 26 Last Checked: Aug 30 at 2:06AM

Report an Issue

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 property includes the building, a 3-way liquor license with carry-out authorization, kitchen equipment, a walk-in cooler, furnishings, a pool table, and a jukebox. The sale also includes a full basement for storage. Central air conditioning, vinyl and wood flooring, and a metal roof are among the building features. Constructed in 1900, the property occupies 0.08 acres and offers ample parking.

The property is located at 102 W State Street in Ashley, Indiana, near factories and just off I-69. The pool table and jukebox are identified as additional income-producing features. The offering combines a bar operation, food-service components, liquor licensing, storage, and on-site parking in a compact commercial property.

Key Highlights

• 3‑way liquor license includes carry‑out privileges
• Kitchen equipment and walk‑in cooler included
• Full basement provides storage space

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

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

112

Businesses Nearby

5k

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 0.0 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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 - Includes a 3-way liquor license with carry-out privileges and installed food-service equipment.

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 includes carry‑out privileges; Kitchen equipment and walk‑in cooler included; Full basement provides storage space