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$ 229,000
Est. payment /mo
Active
1 S Meridian Street Redkey, IN 47373
0.58 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202512540
Year Built 1899
Annual Tax Amount $2,567
Tax Year 2025
Lot Size 0.580 Acres
Property Sub-Type Restaurant/Bar
Property Description
Have you ever wanted to own a bar?!? Now is your chance! Val's Bar and Grill is a fully operational bar currently offering food, weekly Queen of Hearts drawings, pool table, Wifi Juke box, bowling game, and a regular stop and host of Poker Runs. It is also one of several businesses who support each other as part of Redkey's Downtown Revitalization. Sale includes all restaurant equipment, Security System, Safe, and Type 210 3-way Liquor License. Val's also has a Catering and Carry-Out Endorsement, Gaming License, and Cigarette License that Buyer can apply for. The ATM, pool table, games, jukebox, and Coke cooler are owned by a 3rd Party. In addition to the Bar, there are also 4 Studio apartments, a one bedroom apartment, and a large garage currently rented out for storage to provide additional income. And there is so much more untapped potential in this building with 3 additional storefronts and 4-5 more apartments that just need someone to put the effort into bringing them back to life! Seller is willing to assist with transition to new owners for up to 30 days, and would like to give the current employees an opportunity to continue to be employed with the new owners.
Location
State IN
County Jay County
Area Jay County
Direction St 67 to St Rd 1, go south to corner of Main and Meridian. Parking in lot behind bar.
Interior
Flooring Carpet, Laminate, Mixed
Appliance Building, Business, Furniture, Inventory, Land
Exterior
Fence Wood
Roof Type Asphalt,Metal
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202512540
IDX information provided by the Indiana Regional MLS
Listed by Mark Leavell • Leavell Real Estate