About 4489 Broadway
Bugsy's Tavern has been in operation since 2007 and is now available for purchase as a fully operational, turn-key business on a 0.13-acre lot. This 1,270-square-foot establishment, with a rich history. This tavern was formerly operated as Red's Keg and was originally built in 1930. Bugsy's now operates with a nostalgic Harley Davidson-themed decor. It spans the length of the building, offering seating for approximately 50 patrons, including 15 stools at the counter, additional seating for 20 spread throughout the facility, and 15 more on the outside patio. The outside patio has two tables and bench seating as well. Entertainment income is obtained by the Music selections, dart board, and pull tab gambling. Multiple flat-screen TVs to keep guests engaged. This is a Smoking establishment, presently serving only limited bar food, but has a small kitchen for owners who would like to expand the menu options. For comfort and convenience, the property features heating and air conditioning for year-round climate control, along with two restrooms. Outdoors, a small patio provides extra space for guests to unwind, while 20 onsite parking spaces and additional street parking ensure ample availability. This tavern has a long term, hands on owner who has kept hours of operation of Noon to 8pm (sometimes later). Additional income can be generated by expanding the hours of operation. The bar can stay open until 3am. This turn-key property is ready for immediate operation--don't miss this great income opportunity!
Features of 4489 Broadway
MLS® # | 820433 |
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Price | $205,000 |
Bathrooms | 0.00 |
Square Footage | 1,270 |
Acres | 0.13 |
Year Built | 1930 |
Type | Commercial Sale |
Sub-Type | Business |
Status | Active |
Community Information
Address | 4489 Broadway |
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City | Gary |
County | Lake |
State | IN |
Zip Code | 46409 |
Amenities
Utilities | Cable Connected, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected |
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Parking Spaces | 20 |
Parking | Alley Access, Off Street, Other, Attached, Asphalt |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Wet Bar |
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Appliances | Dishwasher, Other, Water Heater, Refrigerator, Range Hood, Range, Microwave, Gas Water Heater, Freezer |
Heating | Central, Natural Gas, Forced Air |
Fireplace | No |
Has Basement | No |
Exterior
Exterior Features | None |
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Lot Description | Corner Lot, Paved |
Additional Information
Date Listed | May 9th, 2025 |
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Zoning | Commercial |
Foreclosure | No |
Short Sale | No |
Listing Details
Agent | Rachel Peers-port |
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Office | Realty Executives Premier |