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Restaurant and Bar with Paved Parking
For Sale
Contact for pricing
Pending

1233 Central Ave, Lake Station, IN 46405

Turnkey bar and grill with remodeled interior, rubber roof, two A/C units, and rear paved parking area.

Property SizeContact for details
Days on Market131

Property Features for 1233 Central Ave

General Information

Standard status Pending
Property subtype Business for Sale

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes

Building Details

Year Renovated 2004
Listing Agency: McColly Real Estate Lake Station
Listed By: Frank L Ennis · License #IN RB14022177
Source: Crexi
Added: Apr 12 Changed: Aug 10 Last Checked: Aug 18 at 9:53PM

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 McColly Real Estate Lake Station

Investment Insights

Based on property information with market context.

This restaurant and bar is offered for sale with existing bar equipment, coolers, kitchen appliances, and flat screen TVs included. The bar was gutted and totally remodeled in 2004. Additional exterior and mechanical updates include a rubber roof installed in 2016, along with two A/C units, one installed in 2019 and the other in 2017 when new duct work was put in.

The business includes a 3-way liquor license, and it also features an extra 74' x 124' paved parking area in the rear. The property is located at 1233 Central Ave in Lake Station, IN, with directions provided as Central Ave to 1233 Central Ave.

For serious inquiries, the owner will disclose financial information upon request. Call for a complete list of included equipment and for details on the work performed.

Key Highlights

  • Tap House 1233 Grill on busy Central Ave at 1233 Central Ave
  • 3‑way liquor license included
  • Rubber roof installed in 2016

Property Analytics

Current Use

Tap House 1233 ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Nail Salon

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
Liquor license

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46405, IN

11,860
Population
4,566
Households
2.6
Avg Household Size
37
Median Age
10%
College-Educated
80%
High-School Grad
9.0 sq mi
ZIP Area
1,318
Density / Sq Mi
$57,005
Median Household Income
$34,058
Median Earnings
$1,136
Median Rent
$123,600
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
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Similar Off Market Nearby

  • K C Bar And Grill 2942 Dekalb St, Lake Station, IN 46405
  • Tap House 1233 Grill 1233 Central Ave, Lake Station, IN 46405
  • He Ain't Here Lounge 2661 Decatur St, Lake Station, IN 46405
  • Fabos Cutz 633 E 29th Ave, Lake Station, IN 46405

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey bar and grill with remodeled interior, rubber roof, two A/C units, and rear paved parking area.
Where is this bar & pub located?
The property is located at 1233 Central Ave Lake Station, IN.
What are key features of this property?
This property features: Tap House 1233 Grill on busy Central Ave at 1233 Central Ave; 3‑way liquor license included; Rubber roof installed in 2016
(219) 730-6680 Call to check price and availability
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