Remarks

Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Operating Tavern with kitchen. Extra lot with large area for potential paved parking lot fronting on Cleveland St. Another fenced open area fronting Kennedy suitable for Beer Garden or building expansion.Always wanted to own a bar with Bonus Rental Income? This is it!One bedroom apartment rented to employee for $500/month including utilities. Month to month verbal lease. No security deposit. 4 bedroom apartment was rented to the carpenter who updated the unit at $800/month plus his own NIPSCO gas and electric. Now VACANT. Long time (26 years) current owner operates the tavern, enjoys a booming business. 3 way liquor license included in package. Retiring early? "30 and out" from the mill? Want to stay busy? Call your agent to see this bargain!"Electricity" expense shown includes electric for the tavern, one bedroom apt, and kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360/month. Need 48 hour notice to show apartments. Tavern showing easier. As Is Addendum attached. Business fixtures and all appliances included. Pool table, amusement devices leased on a revenue split basis. Gaming ticket machine does not stay unless paid off by new owner. ProForma attached. Ask your agent for a copy. SHOWN DURING DAYLIGHT BUSINESS HOURS. THIS IS AN OPERATING TAVERN. CHILDREN ARE NOT ALLOWED IN TAVERNS IN INDIANA

Details

MLS#: 804933
Price: $320,000

Style: Business
Sq Ft: 3724
Year Built: 1946

County: Lake
Subdivision: Turner Meyn Park
Lot Size: 58 X 150
Tax Fee: 5183

School District: Hammond