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Tavern and Lounge with Liquor License
For Sale
Contact for pricing
Pending

3803 Hohman Ave, Hammond, IN 46327

Operating bar property includes a liquor license and installed food-service, beverage, and entertainment equipment.

Property SizeContact for details
Days on Market143

Property Features for 3803 Hohman Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: McColly Real Estate Highland
Listed By: George Georgeff · License #IN RB14046511
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:01PM

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 Highland

Investment Insights

Based on property information with market context.

This established tavern and lounge operation includes a liquor license and a broad package of installed equipment. Food-service components include a grill and new fryer, while beverage operations are supported by a liquor pour system and newer ice machine. Additional equipment includes an ATM machine, stamp machine, two air purifiers, one dart board, and a video surveillance system.

The property also includes a 2-year-old flat membrane roof. A pool table, jukebox, and one dart board are leased rather than owned. The current owner is retiring, and the operation is available with its existing equipment package. The reported cap rate is over 10%.

Key Highlights

  • Established tavern and lounge operation with liquor license included
  • Over 10% Cap Rate
  • All equipment included, including grill, new fryer, liquor pour system, and newer ice machine

Property Analytics

Current Use

Pudlo's Tap Bar & Pub

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 79% Hotels & Casinos 21%
Family Dollar Shops & Services
5,802 visits/mo 0.2 miles
Days Inn and Suites by Wyndham Hammond, IN Hotels & Casinos
1,789 visits/mo 0.4 miles
The UPS Store Shops & Services
640 visits/mo 0.3 miles
Public Storage Shops & Services
421 visits/mo 0.5 miles

Demographics for 46327, IN

11,078
Population
4,389
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
77%
High-School Grad
4.6 sq mi
ZIP Area
2,408
Density / Sq Mi
$50,457
Median Household Income
$30,939
Median Earnings
$1,133
Median Rent
$116,900
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

  • Mister Joe's Inc 156 142nd St, Hammond, IN 46327
  • Pudlo's Tap 3803 Hohman Ave #1, Hammond, IN 46327
  • Industrial Strip 3626 Calumet Ave, Hammond, IN 46320

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating bar property includes a liquor license and installed food-service, beverage, and entertainment equipment.
Where is this bar & pub located?
The property is located at 3803 Hohman Ave Hammond, IN.
What are key features of this property?
This property features: Established tavern and lounge operation with liquor license included; Over 10% Cap Rate; All equipment included, including grill, new fryer, liquor pour system, and newer ice machine
(219) 545-8530 Call to check price and availability
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