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    Bar and Grill with Apartments
    Updated: May 23
    Bar and Grill with Apartments

    1 S Meridian St, Redkey, IN 47373

    $199,000
    Fully operational Val's Bar and Grill offering food, drinks, and weekly Queen of Hearts drawings
    Bar features pool table, WiFi jukebox, and a bowling game, plus participation as part of Redkey's Downtown Revitalization
    Sale includes restaurant equipment, security system, safe, and a Type 210 3‑way liquor license
    Additional licenses/endorsements include catering and carry‑out, gaming license, and cigarette license (buyer can apply)
    Includes 4 studio apartments, 1 one‑bedroom apartment, and a large rented garage for storage to generate additional income
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Redkey, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant on Corner Lot
    Turnkey Restaurant on Corner Lot

    1511 N Meridian St, Portland, IN 47371

    $499,000
    2,554 sqft

    Remodeled restaurant with drive-up, high visibility, and ample parking.

    View details
    Red Lobster Triple-Net Restaurant
    Red Lobster Triple-Net Restaurant

    223 W McGalliard Rd, Muncie, IN 47303

    Contact for pricing
    6,641 sqft 1.59 AC lot

    Single-tenant Red Lobster on an absolute triple-net lease with 16.15 years remaining on the base term.

    View details
    Established Bar and Restaurant
    Established Bar and Restaurant

    3823 N Broadway Avenue, Muncie, IN 47303

    $359,900
    0.35 AC lot

    Freestanding hospitality property with included kitchen equipment, furnishings, and a 3-way liquor license.

    View details
    Arby's Conventional Restaurant
    Arby's Conventional Restaurant

    705 N Meridian St, Portland, IN 47371

    Contact for pricing
    4,633 sqft

    A 4,633-square-foot restaurant property identified with the Arby's name in Portland.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    Progress Boulevard, Winchester, IN 47394

    $249,900
    1.49 AC lot

    Developable 1.49-acre parcel in Winchester, Indiana, positioned among retail and service businesses.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    Symmes Center Drive Lot #3, Winchester, IN 47394

    $349,900
    3.57 AC lot

    Build-ready acreage on a high-traffic road with convenient access to Highway 27 and Highway 32.

    View details
    Commercial Land Parcel with Highway Access
    Commercial Land Parcel with Highway Access

    Symmes Center Drive, Winchester, IN 47394

    $364,900
    3.44 AC lot

    Versatile acreage on a high-traffic road with direct access to Highway 27 and Highway 32.

    View details
    Commercial Land with Highway Visibility
    Commercial Land with Highway Visibility

    6076 E Corridor Drive, Marion, IN 46953

    $1,100,152
    3.05 AC lot

    Commercial land positioned near Ivy Tech, a Pilot truck stop, and an Arby’s restaurant.

    View details

    Redkey, IN Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Redkey, IN on our real estate platform.

    Sale prices for restaurant properties in Redkey, IN average $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 2,218
    Population Growth (5Y) -10.1%
    Median Household Income $49,199
    College Educated 16.9%

    High-Yield Neighborhoods for Investment

    Identify Redkey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47373 $199K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $44.15 per SF
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

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