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1 S Meridian St
Redkey, IN 47373
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bar
Building Size
19,500 SF
Building Class
C
Year Built
1899
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.47 AC
Frontage
241’ on Meridian St

ABOUT 1 S MERIDIAN ST , REDKEY, IN 47373

Opportunity is knocking in Redkey! Here is your chance to own a commercial building with multiple producing revenue streams. Val’s Place Two Doors Down is a well established bar that also serves hot food. Val’s will be sold with a Three-Way liquor license, Tobacco License, and catering license. All fixtures will also be included in the sale including but not limited to a newer beer cooler, newer compressor for walk in cooler, gaming machines (some are leased) etc. The HVAC unit for Val’s is 5 years old. The second story features apartments, 4 One units that rent at $130/week and 1 double that rents at $150/week. There are about 4-5 more apartments that could be finished. The building also has 3 more store fronts that could be finished to produce more income.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-09-24-202-001.000-031
Land Assessment
$36,000
Improvements Assessment
$51,900
Total Assessment
$87,900
  • Listing ID: 15293576

  • Date on Market: 2/27/2019

  • Last Updated:

  • Address: 1 S Meridian St, Redkey, IN 47373

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