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Listing Summary
Listing
#488010
$178,000 (LP)
$160,000 (SP)
SP % LP
:
89.89
517 E Barker Ave,Michigan City, IN 46360
Sold
(06/29/21)
Sq Ft:
2600
Lot Sz:
6320
Area
:
522
Yr
:
1930
Remarks
GREAT PRICE ON A GREAT OPPORTUNITY!!! The perfect open slate for any of your dining, bar or really any other dreams! This fully operational bar and restaurant is just waiting for you to put your own spin on it. A friendly bar that is already successful with locals and friends or perhaps a great breakfast spot! The layout is wide open with so much room for any way you'd like to set it up. It's situated on a great corner lot with its own parking lot. Truly this space can be changed into any commercial plans that you have in mind. Not only can you make money downstairs, but there is a bright and airy 3 bedroom 1 bathroom apartment above! That alone could give you additional income of approximately $850 a month! The price includes a 2-way liquor license, all kitchen/bar equipment and inventory. This is a great package in a great and ever growing city!
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Agent
James F Garrison
Primary:269-612-7013
Office
Keller Williams Realty SWM, LLC
Phone: 269-469-2911, FAX: 877-350-7416
Auction
No
Area
522-Michigan City
Subdivision
None
Commission
Buyers Office
2.5
Number of Rooms
#
0
County
LaPorte
Approx Square Feet
2,600
Sq Ft Source
Assessor
Lot Sq Ft
(
approx
)
6,320
Lot Acres
(
approx
)
0.1451
Lot Size Source
(Assessor)
Year Built
1930
Cross Street
Township
Michigan-LaPorte
Directions to Property
Franklin Street North to Barker Avenue Left to property on the Right.
General Information
Zoning
Resi ((Grandfathered for same Business))
Lot Dimensions
79.5 x 80
Seller Contributions
No
REO
No
Financial Data
Exemptions
yes
Property Amenities
Air Cond/Ventalation
Central Air, Exhaust Fan(s)
Amenities
Liquor License ((Beer and Wine))
Ceiling Type
Sheet Rock
Bldg. Construction
Brick, Frame
Current Use
Liq. Lic. Available, Mixed Use, Tavern/Bar/Lounge
Docks
None
Electrical Service
101 - 200 Amps
Bldg. Exterior
Wood Frame
Floor Finish
Carpet, Tile
Foundation
Block
Location
Corner, Mixed Use
Fire Protect
Alarm Monitored, Smoke/Fire Protect
Frontage Access
City Street
Heat Ventilation
Forced Air, Gas Heat
Information
24 hr Notice Req.
Misc. Inside
Private Restrooms
Misc. Outside
ADA Compliant, Enclosed Stairs, Security Lighting, Security System
Parking
Private Parking
Potential Use
Liq. Lic. Available
Roof Coverings
Rubber
Roof Structure
Flat, Pitched
Rail Availability
None
Terms
Cash, Conventional, Lease/Purchase
Utilities
Electricity on Site, Gas on Site, San. Sewer on Site, Water Municipal, Water on Site
Mortgage Info
Mortgage Calculator