Turn-Key Tavern Business
For Sale
$205,000
4489 Broadway, Gary, IN 46409
Fully operational tavern for sale with seating for 50 patrons.
Property Size1,270 SF
Lot Size0.13 Acres
Price / SF$161.42
Days on Market304
Property Features for 4489 Broadway
General Information
Standard status
Active
Size
1,270 SF
Lot size
0.13 Acres
Taxes and HOA fees
Annual Taxes
$1,154
Listing Agency:
Realty Executives Premier
(219) 308-9629
Listed By:
William Kornblum · License #475167449
(219) 308-9629
Source:
Exprealty
Added: Oct 24, 2025
Changed: Aug 20
Last Checked: Aug 23 at 2:44AM
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 Realty Executives Premier
Investment Insights
Based on property information with market context.
Bugsy's Tavern, operating since 2007, is available for purchase as a fully operational, turn-key business. The establishment is situated on a 0.13-acre lot and occupies a 1,270-square-foot building originally constructed in 1930, formerly known as Red's Keg. The tavern features a Harley Davidson-themed decor and provides seating for approximately 50 patrons, including 15 counter stools, 20 seats throughout the facility, and 15 seats on the outside patio. The outside patio includes two tables and bench seating. Entertainment income is generated through music selections, a dart board, and pull tab gambling, with multiple flat-screen TVs for guest engagement. The property is a smoking establishment, currently serving limited bar food, but includes a small kitchen for potential menu expansion. Comfort is ensured with heating and air conditioning, along with two restrooms. A small patio offers additional outdoor space. There are 20 on-site parking spaces, with additional street parking available. The tavern's current hours of operation are noon to 8 pm, with the potential to extend hours until 3 am for additional income. The property is ready for immediate operation.
Key Highlights
- Fully operational, turn‑key tavern business established in 2007.
- Seating for 50 patrons, including INDOOR and OUTDOOR patio seating.
- Includes all equipment and furnishings, ready for immediate operation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Family Dollar
Shops & Services
5,275 visits/mo
0.2 miles
Citgo
Shops & Services
3,933 visits/mo
0.2 miles
Centier Bank
Shops & Services
2,989 visits/mo
0.5 miles
Beggars Pizza
Dining
1,791 visits/mo
0.2 miles
Demographics for 46409, IN
6,975
Population
4,238
Households
1.6
Avg Household Size
35
Median Age
12%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
1,938
Density / Sq Mi
$40,637
Median Household Income
$29,769
Median Earnings
$1,194
Median Rent
$73,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Spotlight Lounge & Entertainment — 4774 Broadway, Gary, IN 46408
- Paradise Lounge — 5004 Broadway, Gary, IN 46408
- Fatso’s Pub — 5060 Broadway, Gary, IN 46408
- Fly Nation Bar & Lounge — 5004 Broadway, Gary, IN 46408
- Brother's Lounge — Gary, IN 46408
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully operational tavern for sale with seating for 50 patrons.
Where is this bar & pub located?
The property is located at 4489 Broadway Gary, IN.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Fully operational, turn‑key tavern business established in 2007.; Seating for 50 patrons, including INDOOR and OUTDOOR patio seating.; Includes all equipment and furnishings, ready for immediate operation.
