$199,000

1 S Meridian Street, Redkey IN, 47373

Price per sqft$14.20

Built in1899

Property size14,010 sqft

Property typeCommercial

Overview

Active

Updated 2 weeks ago

Have you ever wanted to own a bar?!? Now is your chance! Val's Bar and Grill is a fully operational bar currently offering food, drinks, weekly Queen of Hearts drawings, pool table, Wifi Juke box, bowling game, and a regular stop and host of Poker Runs. It is also one of several businesses who support each other as part of Redkey's Downtown Revitalization. Sale includes all restaurant equipment, Security System, Safe, and Type 210 3-way Liquor License. Val's also has a Catering and Carry-Out Endorsement, Gaming License, and Cigarette License that Buyer can apply for. The ATM, pool table, games, jukebox, and Coke cooler are owned by a 3rd Party. In addition to the Bar, there are also 4 Studio apartments, a one bedroom apartment, and a large garage currently rented out for storage to provide additional income. There is so much more untapped potential in this building with 3 additional storefronts and 4-5 more apartments that just need someone to put the effort into bringing them back to life! Seller is willing to assist with transition to new owners for up to 30 days, and would like to give the current employees an opportunity to continue to be employed with the new owners.

Additional information

MLS^® ID: 202619853

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.58 Acres

Other Property Details

Taxes: $2,762
Tax Frequency: Annually
Furnished: Yes

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID

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Data last updated 3:41 AM UTC, 9/24/2026

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