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Listed by Mark Leavell • Leavell Real Estate
$199,000
Est. payment /mo
0.58 Acres Lot
Active
1 S Meridian Street Redkey, IN 47373
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Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202619853
Year Built 1899
Annual Tax Amount $2,762
Tax Year 2026
Lot Size 0.580 Acres
Property Sub-Type Restaurant/Bar
Property Description
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.
Location
State IN
County Jay County
Area Jay County
Direction Corner of Main and Meridian (State Road 1) in Redkey. Park in parking lot behind the building.
Interior
Flooring Carpet, Laminate, Mixed
Appliance Building, Business, Furniture, Inventory, Land
Exterior
Fence Wood
Roof Type Asphalt,Metal
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202619853
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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