Redkey, IN 47373 1 S Meridian Street

1 S Meridian Street Redkey, IN - Image 11 S Meridian Street Redkey, IN - Image 21 S Meridian Street Redkey, IN - Image 3
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Presented By: Mark Leavell with Jack Houck Real Estate; Cell: 260-729-7040
  • MLS# 202439515
  • 10/10/2024
  • Get pre-approved
  • Request Tour
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  • Baths • 7
  • SQFT • 14,010

Home Details

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 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.
Presented By: Mark Leavell with Jack Houck Real Estate; Cell: 260-729-7040

Interior Features for 1 S Meridian Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NYes
Interior Height14
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity, Volunteer
Equipment Y/NYes
Basement/FoundationFull Basement
FlooringCarpet, Laminate, Mixed
WallsWood, Other

General for 1 S Meridian Street

# of Buildings2
Age125
Agent First NameMark
Agent Last NameLeavell
Annual Taxes2572.04
AreaJay County
Associated Document Count
Auction Y/NNo
Bathrooms7
Business NameVal's Bar and Grill
Ceiling Height14
CityRedkey
ClassCOMMERCIAL
CoolingCentral Air, Window
DOM4
FIPS Code18075
HeatingElectric, Gas, Baseboard, Forced Air, Multiple Heating Systems
Legal DescriptionPT W 1/2 NW 1/4 PT W 1/2 NW 1/4.; PT W 1/2 NW 1/4; .05A; .58 PER GIS S24 T22 R12
LocationCity
New ConstructionNo
ParkingYes
ParkingGravel, Off-Street, Public, Street
Present UseBus. Included w/Property
REONo
RestrictionsUtility Easements
RoofMetal
SewerCity
Special Features110 Volts, 220 Volts, Living Space, Basement, Office Space, Public Restrooms, Refrigeration/Freezer
StatusActive
StatusActive
Status Detail0
Stories2
SubdivisionNone
Tax Year2024
TownshipRichland
TypeRestaurant/Bar
Virtual TourClick here
Year Built1899

Exterior for 1 S Meridian Street

Approx. Lot Size Acres0.58
Construction Type 1Brick
DrivewayGravel
ExteriorBrick
FencePrivacy, Wood
Ingress/EgressGravel
Lot Dimensions110x95, 85X118, 46X104
Lot Size Area25265
Parking TypeGravel Lot
Road AccessCity
Security Light Y/NYes
Sprinkler System Y/NYes
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $239,000
MLS#202439515
List Date 10/10/2024
Property Type Commercial
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