2715 W Ridge Rd Gary, IN 46408
- Commercial real estate
- 1.45 lot acres
Current Use by Public Records
- El Potrillo Bar And Grill / Bar
- Chuck & John's Tap / Bar
Property Details for 2715 W Ridge Rd
- Year built
- 1934
- Lot size
- 1.45 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully equipped bar and attached residential dwelling situated on a spacious 1.45-acre lot at 2715 W Ridge Road, Gary, Indiana. Priced at $498,000, this property offers immediate income potential. The bar is currently set up and ready for reopening, featuring a separate party hall area that can be easily closed off from the main bar space, providing flexibility for various events and functions. This setup allows for efficient management and diverse revenue streams. The attached house provides convenient owner-occupied living quarters, eliminating the need for a separate commute. Alternatively, the house can be rented out to generate additional rental income, further enhancing the property's return on investment. The substantial 1.45-acre lot offers ample space for expansion, outdoor seating, or additional development, depending on future business needs. This turnkey operation is an ideal opportunity for an entrepreneur seeking a profitable venture with immediate operational capabilities and significant upside potential. The property's location in Gary, Indiana, offers access to a vibrant community and a strong customer base. This unique combination of commercial and residential space presents a rare and compelling investment opportunity. The property is being sold as-is. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gary
- County
- Lake
- State
- Indiana
- Longitude
- -87.37132
- Latitude
- 41.54765
