$475,000

109 W Main Street, Bainbridge, IN 46105

  • 5,252 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $90/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Your business opportunity of a lifetime awaits with the Bainbridge Tap & Grill!!! This ESTABLISHED & HIGHLY SUCCESSFUL bar/restaurant w/ a 3-way transferable liquor license is located in downtown Bainbridge just one block off of US Highway 36. GREAT LOCATION that is centered between Danville, Rockville & Greencastle. The Owners are only selling due to retirement and have been at the helm of this goldmine the past 9 years. (Since purchasing the business 9 yrs. ago, they have invested approx. $200,000 in improvements & updates!) The building is in immaculate condition inside & out w/ gas furnace, central A/C & ductwork all only 2 yrs. old, 1/2 rubber roof only 10 yrs. old and 1/2 metal roof only 10 yrs. old. All plumbing & electrical updated 9 yrs. ago, as well. The bar/restaurant space features approx. 100 seats, 2 pool tables, 3 electronic dart boards (there is a dart tournament every Tuesday that draws a big crowd), multiple stages for live music & entertainment and a HUGE rectangular seated bar. The restaurant is even more profitable than the bar and includes a fully-equipped commercial kitchen. THIS BUSINESS IS THE DEFINITION OF TURN KEY!!! All you have to do is step inside and get started! The AMAZING upstairs apartment is and added bonus w/ 1,300+ SF, 2 BRs & 1 Full BA. It has a Living Room, Kitchen (w/ stove, refrigerator & dishwasher included), Dining Room, MASSIVE Master Suite w/ walk-in closet & spacious 2nd BR. Washer & dryer hook-up included, as well. The apartment can be accessed via a stairway in the bar/restaurant OR via a private exterior stairway at the back of the building. This apartment could serve as living quarters for the new owner, or could be rented out to tenants for add'l. income. (Fair market value rent is approx. $1000/mo.) Plenty of customer parking in front and private parking in back for owners, employees and/or tenants. When it comes to buying a business, it doesn't get better than this. Really. Call us yesterday!!!

Listing Status:
Active
Listing Office:
Greene Realty, LLC : 317-370-7869
Listing Agent:
Amber Greene : 317-370-7869
MLS ID:
22050346
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Parking: On Street
  • Roofing: MetalRubber
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: North Putnam Community Schools
  • County: Putnam
  • Zoning: CommercialCooper's 1st Pt Lot 2670502404057000014
  • Current Use: RestaurantSee Remarks
  • Utilities: Electricity ConnectedNatural Gas ConnectedSep Electric MeterSewer ConnectedWater Connected
  • Source: mibor

This listing courtesy of Amber Greene, Greene Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bainbridge Elementary School

412 S Washington St, Bainbridge, IN, 46105

Grades PK-5

0.37 miles away

N

North Putnam Middle School

8905 N County Road 250 E, Roachdale, IN, 46172

Grades 6-8

2.07 miles away

N

North Putnam Sr High School

8869 N County Road 250 E, Roachdale, IN, 46172

Grades 9-12

2.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.