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4489 BroadwayGary, IN 46409

Lake County

$205,000List price
1,270Sq Ft
1930Year built
0.13Acre lot
1Stories
12 months agoOn market

Description

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 operationa"don't miss this great income opportunity!

Property Information

Property type
Commercial Sale
Sub-type
Business
Year built
1930
Stories
1
Living area
1,270 Sq Ft
Lot size
0.13 acres
Parking spaces
20
Days on market
362
MLS® Listing#
829849

Property Features

Interior
Wet Bar
Exterior
None
Appliances
Dishwasher · Water Heater · Range Hood · Refrigerator · Range · Other · Microwave · Gas Water Heater · Freezer
Cooling
Central Air · Ceiling Fan(s)
Heating
Natural Gas · Central · Forced Air
Flooring
Other
Basement
Storage Space
Parking
Attached · Alley Access · Asphalt · Other · Off Street
Patio
Patio
Lot features
Corner Lot · Paved
Construction
Brick
Roof
Other
Utilities
Cable Connected · Water Connected · Sewer Connected · Natural Gas Connected · Electricity Connected
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$1,154Tax year 2024
Parcel number
001254101700026

Directions

Corner of Broadway and 45th

Greater Northwest Indiana Association of Realtors logo

Listing Courtesy: Realty Executives Premier - 2194622224

Presented by: William Kornblum

Based on information submitted to the MLS GRID as of 2025-10-24T00:00:00.000Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-10-24T00:00:00.000Z

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  • Dan Nolan

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