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1 S Meridian Street

Redkey, IN 47373
  • $239,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 202439515
UPDATED: 87 min ago
$239,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,010
    SQFT
Neighborhood:
Type:
Commercial
Built:
1899
County:
Jay
Area:
Jay

School Ratings & Info

Listing provided by Mark Leavell of Jack Houck Real Estate: Cell: 260-729-7040.

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 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.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-01-13T00:28:23.423.

www.myindianahomes.com/homes/156632124
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1 S Meridian Street Redkey, IN 47373

  • Price: $239,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 87 min ago
  • MLS #: 202439515
0
Beds
0
Baths
0
½ Baths
0.58
Acres
14,010
SQFT
$17
$/SQFT
1899
Built
Neighborhood:
None
County:
Jay
Area:
Jay
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 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.
Exterior Features

Construction Type1 Brick Driveway Gravel Exterior Brick Fence PrivacyWood Fire Doors YN Yes Location City Lot Dimensions 110x9585X11846X104 Parcel Description Corner0-2.9999 Parking GravelOff-StreetPublicStreet Parking Type Gravel Lot Parking YN Yes Road Access City Roof Material Metal Sea Wall Type None Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Full Basement Basement YN Yes Bldg1 Above Grd Sq Ft 12810 Bldg1 Below Grd Sq Ft 12810 Bldg1 Fin Office Sq Ft 154 Bldg2 Above Grd Sq Ft 1200 Ceiling Height 14 Column Spacing 0 Cooling Central AirWindow Flooring CarpetLaminateMixed Heating Fuel ElectricGasBaseboardForced AirMultiple Heating Systems Interior Height 14 Interior Walls WoodOther Internal Rooms KitchenOfficeStorage Special Features 110 Volts220 VoltsLiving SpaceBasementOffice SpacePublic RestroomsRefrigeration/Freezer Total Restrooms 7

Property Features

Annual Taxes 2572.04 Auction YN No Buildings 2 Burglar Alarm YN Yes Business Name Val's Bar and Grill Cable Company Comcast Cross Street Main Currently Leased YN Yes Documents Available LBP Form Electric Company AEP/I&M Enterprise Zone No Equipment YN Yes Exemptions No Exemptions Fire Protection CityVolunteer For Sale Or Rent For Sale Gas Company CenterPoint Energy Gross Monthly Rent 3350 Ingress Egress Gravel Lease Term Remaining Week to week New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarRestaurantStorage Unit/Facility Property Sub Type Restaurant/Bar Property Use Bus. Included w/Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions Utility Easements Sale Includes BuildingBusinessFurnitureLandLicense Included Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Richland Water Company Town of Redkey Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2024

Listing provided by Mark Leavell of Jack Houck Real Estate: Cell: 260-729-7040.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-01-13T00:28:23.423.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Mark Leavell of Jack Houck Real Estate: Cell: 260-729-7040.