4489 Broadway Gary, IN $ 205,000
4489 Broadway
$ 205,000
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4489 Broadway

Gary, IN, 46409
$ 205,000
Bedrooms-- Baths-- Sq 1,270

Monthly Estimate*

$ 1,279

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Commercial Property for sale in Gary, IN

for $205,000. This 1,270 square foot building was built in 1930 on a lot size of 0.13.

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!

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Commercial Contingent

Price

$ 205,000

Property Type

Commercial

Taxes

$ 1,154

Style

Business

Lot Size

0.13

Year Built

1930

Town/City

Gary

County/Region

Lake

MLS | Web ID

829849

Features
Interior
Interior Amenities Wet Bar
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General
Sewer Public Sewer
Heating Central Natural Gas Forced Air
Utilities Cable Connected Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Dishwasher Water Heater Range Hood Refrigerator Range Other Microwave Gas Water Heater Freezer
Year Built 1930
Electric 100 Amp Service Circuit Breakers
View City
Township Calumet
Property Subtype Business
Tax Year 2024
County Lake
Property Type Commercial Sale
Building Features Public Restrooms Patio
Status Accepting Backup Offers
Directions Corner of Broadway and 45th
City Gary
Zoning Description Commercial
Lot Size Square Feet 5662.8
Listing Terms Cash Conventional
Tax Annual Amount 1154
Standard Status Active Under Contract
Legal Description BROADWAY HEIGHTS ADDITION EX. W. 17 FT. L.25 BL.3 EX. W. 17 FT. L.26 BL.3
Assoc/CIC None
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Exterior
Exterior Amenities None
Parking Features Attached Alley Access Asphalt Other Off Street
Lot Features Corner Lot Paved
Water Source Public
Total Parking 20
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
William Kornblum

Listing Agent

Realty Executives Premier

Broker

mrkorn821@gmail.com

Email

Affordability Calculator

$1,375
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,279
Monthly Property Taxes
$96
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$205,000 Listed Price

Map


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4489 Broadway, Gary, IN, 46409 is a Commercial Property for sale at $205,000 with 1,270 sqft and a lot size of 0.13. 4489 Broadway was built in 1930. The property's zip code is 46409 which is in Gary, IN