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4015 State Rd 446 Hwy Bloomington, IN 47401

  • Commercial real estate
  • 0.62 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 4015 State Rd 446 Hwy

Year built
1967
Lot size
0.62 lot acres
Property type
Commercial real estate

Description

This exceptional turnkey business opportunity encompasses a thriving bar and restaurant, deeply rooted in the Bloomington community for over a decade. The sale includes three buildings situated on two parcels totaling 2.07 acres, offering significant potential for expansion or diversification. The main building houses the popular bar and restaurant, complete with a fully equipped industrial kitchen, all appliances, seating, and a valuable 3-way liquor license. Included in the sale are the existing spirits inventory, two wood-burning stoves, and nearly all furnishings (excluding a few decorations and one pool table). A separate building features a restroom facility and a four-car garage, previously used as a mechanic's shop, presenting versatile options for future use. Adding to the income stream is a three-bedroom, one-bathroom apartment currently leased month-to-month for $800, and a cabin requiring some TLC. The property also boasts two holding tanks (requiring infrequent pumping), a convenient driveway leading to the rear, over 50 street parking spaces, and multiple outdoor decks ideal for hosting events. The location is highly desirable, just a short distance from the causeway and Cutright Boat Ramp, ensuring easy access for patrons. This well-established business, with its loyal customer base and strong local reputation, presents a rare opportunity for a savvy investor. The 0.62-acre lot provides ample space for future development.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
Monroe
State
Indiana
Longitude
-86.4286
Latitude
39.1172
More about this property
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