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4489 Broadway Gary, IN 46409

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For Sale
$205,000

Fully operational tavern for sale with seating for 50 patrons.

Lot size:
0.13 Acres

Property Features for 4489 Broadway

General Information

Standard status
Active
Lot size
0.13 Acres

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Listing Contact
William Kornblum
Source: Exprealty

Listing Agency: Realty Executives Premier Listing Agent: William Kornblum

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Turn-Key Tavern Business Opportunity

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.
Location Intelligence

Current Use by Public Records

Bugsy's Tavern Bar

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Spotlight Lounge & Entertainment, Paradise Lounge, Fatso’s Pub, Fly Nation Bar & Lounge, Brother's Lounge

Location Insight

  • Map
  • Local Demand
City
Gary
County
Lake
State
Indiana
Longitude
-87.3359201
Latitude
41.5369553

FAQs

What type of property is this?
Bar - Fully operational tavern for sale with seating for 50 patrons.
Where is this bar 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.
More about this property
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