4489 Broadway Gary, IN 46409
Exceptional opportunity to acquire a thriving, turn-key bar located at 4489 Broadway, Gary, Indiana. This 1,526 square foot, Class C executive office building, built in 1930, sits on a 0.13-acre lot and is zoned Business 1. The property boasts a unique Harley Davidson theme, attracting a loyal clientele. The bar itself offers seating for approximately 35 patrons, complemented by a dartboard, flat-screen TV, and a small outdoor patio. Inside, you'll find two restrooms and a comfortable environment maintained by heating and air conditioning. Ample parking is available with 10 onsite spaces and additional street parking. The high-traffic location benefits from a daily traffic count of 16,365 vehicles and a population of 128,928 within a 5-mile radius. The 2023 property taxes totaled $1,176.20. This turnkey operation is priced at $205,000 and presents a compelling investment opportunity in a vibrant market. The property's established clientele and unique atmosphere make it an attractive prospect for a seasoned entrepreneur seeking a ready-made business.
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Bugsy's Tavern Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.