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$89,000
3 Beds ⋅ 1 Baths
Unlock the potential of this Gary home situated on a spacious corner lot. 3BR, 1 Bath, full basement, huge upstairs bedroom. Portions of the renovation work have been begun, providing a head start for investors, rehabbers, or owner-occupants ready to finish the project and add their personal touch. Whether your goal is a profitable flip, a long-term rental, or creating home equity through improvements, this property offers plenty of upside in a market that continues to gain momentum. The surrounding area is experiencing ongoing home renovations and property improvements, helping to strengthen neighborhood appeal and contribute to rising property values. The oversized corner lot offers additional possibilities beyond the existing home, including potential space for a future attached or detached garage, expanded living area, outdoor entertaining space, or other improvements, subject to local zoning and permitting requirements. Northwest Indiana continues to attract new investment and development, making this an ideal time to secure a property with value-add potential. Bring your vision and creativity to transform this property into something special. Property is being sold as-is. Cash or renovation financing preferred. Hard money welcome.

305 E 41st Avenue, Gary
$205,000
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!

4489 Broadway, Gary

Updated . Information deemed reliable but not guaranteed.